Arc of Ohio Inc

Analysis

Arc of Ohio Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in December 1953, 73 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 2022, Arc of Ohio Inc reported income of $7.3m and spending of $6.8m, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $2.5m to $7.3m (+198%), an average of +44% a year. The sharpest change came in the year to December 2020, when income rose by 78%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of Ohio 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 94th percentile within OH. Charities of a similar size with the same main cause include YMCA of Central and Northern Westchester Inc ($7.3m), Henry & Jane Vonderlieth Living Center Inc ($7.3m) and American Society of Colon & Rectal Surgeons ($7.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $146k (2.2% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $2.3m against liabilities of $344k, net assets of $1.9m. It reported 159 employees.