Arc 5th Housing Corporation

Analysis

Arc 5th Housing Corporation is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in January 1992, 34 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 2023, Arc 5th Housing Corporation reported income of $68k and spending of $77k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $68k (+0.1%), an average of +0.1% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc 5th Housing Corporation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within OH. Charities of a similar size with the same main cause include Orange Grove Development No Six Inc ($68k), Arizona Model United Nations ($68k) and PTA California Congress of Parents Teachers & Students Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $265k against liabilities of $14k, net assets of $250k.