Arcs Foundation Inc Illinois Chapter

Analysis

Arcs Foundation Inc Illinois Chapter is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in December 1977, 49 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, Arcs Foundation Inc Illinois Chapter reported income of $121k and spending of $115k, spending 96% of its income. Across the 3 years on record, from June 2019 to June 2024, income grew from $76k to $121k (+59%), an average of +26% a year. The sharpest change came in the year to June 2024, when income rose by 34%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arcs Foundation Inc Illinois Chapter sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within IL. Charities of a similar size with the same main cause include Foster Siblings Reunited Inc ($121k), Friday Night Supper Program Inc ($121k) and Fairham Homes Inc ($121k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 80% of the total. At year end it held assets of $226k against liabilities of $0, net assets of $226k.