Arc of Midland

Analysis

Arc of Midland is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in January 1959, 67 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 of Midland reported income of $828k and spending of $741k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $828k (-33%), an average of -9.5% a year. The sharpest change came in the year to December 2023, when income rose by 156%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of Midland sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include North 25 Housing Corporation ($828k), Louisiana Lions League for Crippled Children Inc ($828k) and Friends of the Columbia Gorge ($828k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $60k (8.1% of expenses). Other salaries and wages came to $396k. At year end it held assets of $662k against liabilities of $161k, net assets of $502k. It reported 16 employees.