Arm in Arm Inc

Analysis

Arm in Arm Inc is a registered charity in United States, based in Hamilton Township, NJ. It received its IRS tax-exemption ruling in December 1992, 34 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 June 2023, Arm in Arm Inc reported income of $4.2m and spending of $3.9m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $4.2m (+64%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 34%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arm in Arm Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Reach Inc ($4.2m), Hope Supply Co ($4.2m) and Helpmate Inc ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $211k (5.5% of expenses). Other salaries and wages came to $964k. At year end it held assets of $4.0m against liabilities of $519k, net assets of $3.5m. It reported 30 employees.