Arc 2nd Housing Corporation

Analysis

Arc 2nd Housing Corporation is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in May 1985, 41 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 2nd Housing Corporation reported income of $74k and spending of $72k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $74k (-13%), an average of -13% 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, Arc 2nd Housing Corporation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within OH. Charities of a similar size with the same main cause include Indiana Extension Homemakers Association Inc ($74k), Strasburg Heritage Society ($74k) and Norfolk Golden Girls Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $123k against liabilities of $113k, net assets of $9,802.