Arc of Hamilton County

Analysis

Arc of Hamilton County is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in March 1969, 57 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 Hamilton County reported income of $440k and spending of $480k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $551k to $440k (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2021, when income dropped by 17%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of Hamilton County sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within TN. Charities of a similar size with the same main cause include Relational Concepts Inc ($440k), Don Monti Memorial Research Foundation ($440k) and New England Handicapped Sports Association Inc ($440k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $305k. At year end it held assets of $348k against liabilities of $2,567, net assets of $346k. It reported 9 employees.