The Arc Nature Coast Inc

Analysis

The Arc Nature Coast Inc is a registered charity in United States, based in Spring Hill, FL. It received its IRS tax-exemption ruling in February 1974, 52 years ago. 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 September 2023, The Arc Nature Coast Inc reported income of $7.7m and spending of $6.9m, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.2m to $7.7m (+49%), an average of +10% a year. The sharpest change came in the year to September 2022, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Arc Nature Coast Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Bek Care LLC ($7.7m), Clarview Rest Home Inc ($7.7m) and Jonsson Cancer Center Foundation- UCLA ($7.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.1% and program service revenue 80% of the total. Other salaries and wages came to $4.4m. At year end it held assets of $7.9m against liabilities of $1.3m, net assets of $6.5m. It reported 307 employees.