Arc of Morgan County

Analysis

Arc of Morgan County is a registered charity in United States, based in Decatur, AL. It received its IRS tax-exemption ruling in April 1975, 51 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 December 2023, Arc of Morgan County reported income of $166k and spending of $173k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $179k to $166k (-7.6%), an average of -2.0% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of Morgan County sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within AL. Charities of a similar size with the same main cause include Little League Baseball Inc ($166k), Us-Asean Business Council Institute Inc ($166k) and Southeastern Archeological Conference ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 56% of the total. Other salaries and wages came to $73k. At year end it held assets of $277k against liabilities of $293k, net assets of -$17k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.