The Arc of Mercer County Foundation

Analysis

The Arc of Mercer County Foundation is a registered charity in United States, based in Hermitage, PA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, The Arc of Mercer County Foundation reported income of $127k and spending of $89k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $482k to $127k (-74%), an average of -28% a year. The sharpest change came in the year to June 2022, when income rose by 99%. Over the whole period it spent 219% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Arc of Mercer County Foundation 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 43rd percentile, and in the 41st percentile within PA. Charities of a similar size with the same main cause include Franklin County Foster Closet ($127k), VCC Cares Inc ($127k) and Stream for a Cause Inc ($127k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 0.3% of the total. At year end it held assets of $2.3m against liabilities of $387k, net assets of $1.9m.