Arc-Kent County Inc

Analysis

Arc-Kent County Inc is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in September 1981, 45 years ago. 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, Arc-Kent County Inc reported income of $308k and spending of $325k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $173k to $308k (+79%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc-Kent County Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Pine Lake Fellowship Camp Association Inc ($308k), Metropolitan Housing Development Corporation ($308k) and As & Aces ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 25% of the total. Other salaries and wages came to $142k. At year end it held assets of $1.7m against liabilities of $836k, net assets of $831k. It reported 3 employees.