Arc of Wabash County Inc

Analysis

Arc of Wabash County Inc is a registered charity in United States, based in Wabash, IN. It received its IRS tax-exemption ruling in December 1959, 67 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Arc of Wabash County Inc reported income of $3.5m and spending of $2.9m, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.9m to $3.5m (+85%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arc of Wabash County Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IN. Charities of a similar size with the same main cause include Field to Market ($3.5m), Break the Barriers Inc ($3.5m) and No One Left Behind Inc ($3.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 83% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $3.8m against liabilities of $134k, net assets of $3.6m. It reported 116 employees.