The Arc of Northeast Indiana Inc

Analysis

The Arc of Northeast Indiana Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in December 1955, 71 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Arc of Northeast Indiana Inc reported income of $37.8m and spending of $37.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.6m to $37.8m (+75%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Arc of Northeast Indiana Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IN. Charities of a similar size with the same main cause include Florence Crittenton Services of Orange County Inc ($37.8m), Northern Virginia Family Services Inc ($37.8m) and Childrens Guild Inc ($37.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $1.7m (4.6% of expenses). Other salaries and wages came to $21.4m. It paid $37k in professional fundraising fees. At year end it held assets of $28.1m against liabilities of $3.8m, net assets of $24.3m. It reported 1,568 employees.