The Arc of Iroquois County

Analysis

The Arc of Iroquois County is a registered charity in United States, based in Watseka, IL. It received its IRS tax-exemption ruling in August 1959, 67 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Arc of Iroquois County reported income of $8.6m and spending of $8.7m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $6.6m to $8.6m (+31%), an average of +6.9% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Arc of Iroquois County sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Capital Certified Development Corporation ($8.6m), Mills River Volunteer Fire Department Inc ($8.6m) and Villages Inc ($8.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.5% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $139k (1.6% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $4.9m against liabilities of $674k, net assets of $4.3m. It reported 238 employees.