Arc of New Jersey Inc

Analysis

Arc of New Jersey Inc is a registered charity in United States, based in Vineland, NJ. It received its IRS tax-exemption ruling in December 1951, 75 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Arc of New Jersey Inc reported income of $922k and spending of $916k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $922k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of New Jersey Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include San Francisco Center for Psychoanalysis ($922k), Theressa James Manor Inc ($922k) and A Better Choice Pregnancy Services ($921k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 38% of the total. Other salaries and wages came to $602k. At year end it held assets of $1.1m against liabilities of $54k, net assets of $1.0m. It reported 30 employees.