Arc Foundation of Saratoga County Inc

Analysis

Arc Foundation of Saratoga County Inc is a registered charity in United States, based in Ballston Spa, NY. It received its IRS tax-exemption ruling in July 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Arc Foundation of Saratoga County Inc reported income of $320k and spending of $275k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $289k to $320k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc Foundation of Saratoga County Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Robert L Walls Senior Citizens Center of the New Macedonia Baptis ($320k), Newark Area Welfare Committee Inc ($320k) and American Auditory Society ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% of the total. Other salaries and wages came to $122k. At year end it held assets of $604k against liabilities of $585k, net assets of $19k.