Arc Corp

Analysis

Arc Corp is a registered charity in United States, based in Weston, CT. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 Corp reported income of $106k and spending of $177k, spending 168% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $259k to $106k (-59%), an average of -59% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 66% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Arc Corp sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within CT. Charities of a similar size with the same main cause include Progressive Hoof Care Practitioners ($106k), Austin German Shepherd Rescue ($106k) and Sadies Safe Harbor Canine Rescue ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.