Associated Residential Centers Inc

Analysis

Associated Residential Centers Inc is a registered charity in United States, based in Troy, NY. It received its IRS tax-exemption ruling in June 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Associated Residential Centers Inc reported income of $96k and spending of $102k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $130k to $96k (-27%), an average of -7.4% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Associated Residential Centers Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Family Summit Foundation ($96k), Alliance for Organic Integrity ($96k) and Colbys Stars Foundation Inc ($96k).

At year end it held assets of $1.8m against liabilities of $255k, net assets of $1.6m.