The Arc of Philadelphia

Analysis

The Arc of Philadelphia is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 1981, 45 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, The Arc of Philadelphia reported income of $592k and spending of $517k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $716k to $592k (-17%), an average of -4.6% a year. The sharpest change came in the year to June 2021, when income dropped by 27%. Over the whole period it spent 152% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Arc of Philadelphia sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Desormeaux Foundation Inc ($592k), Hope Mission Thrift Store Inc ($592k) and Marion County Veterans Helping Veterans Inc ($592k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $49k (9.5% of expenses). Other salaries and wages came to $186k. At year end it held assets of $5.1m against liabilities of $1.1m, net assets of $4.1m.