The Arc of Licking County
Analysis
The Arc of Licking County is a registered charity in United States, based in Heath, OH. It received its IRS tax-exemption ruling in January 1954, 72 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 June 2023, The Arc of Licking County reported income of $1.5m and spending of $1.5m, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.6m to $1.5m (-9.1%), an average of -3.1% a year. 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, The Arc of Licking County sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Big Brothers Big Sisters of Licking & Perry Counties Inc ($1.5m), East Shore Industries Inc ($1.5m) and United Molokan Christian Association of Los Angeles ($1.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $168k (11% of expenses). Other salaries and wages came to $883k. At year end it held assets of $2.2m against liabilities of $655k, net assets of $1.6m. It reported 67 employees.
Income and spending
Where the income comes from
- Contributions & grants 17%
- Program services 82%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Big Brothers Big Sisters of Licking & Perry Counties Inc | Newark | $1.5m |
| East Shore Industries Inc | Algoma | $1.5m |
| United Molokan Christian Association of Los Angeles | City Industry | $1.5m |
| Scholarshot | Dallas | $1.5m |