Arc Dearborn-Dearborn Heights Inc

Analysis

Arc Dearborn-Dearborn Heights Inc is a registered charity in United States, based in Dearborn, MI. It received its IRS tax-exemption ruling in May 1961, 65 years ago. 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 September 2023, Arc Dearborn-Dearborn Heights Inc reported income of $281k and spending of $281k, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $453k to $281k (-38%), an average of -11% a year. The sharpest change came in the year to September 2020, when income dropped by 54%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc Dearborn-Dearborn Heights Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include Association of Sea Grant Program Institutions ($281k), Radio Jesus Es El Senor Inc ($281k) and Mission Harvest Christian Church Inc ($281k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 6.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $72k (26% of expenses). Other salaries and wages came to $110k. At year end it held assets of $603k against liabilities of $134k, net assets of $469k. It reported 7 employees.