Arab American and Chaldean Council
Analysis
Arab American and Chaldean Council is a registered charity in United States, based in Troy, MI. It received its IRS tax-exemption ruling in September 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2024, Arab American and Chaldean Council reported income of $19.1m and spending of $19.6m, spending 103% of its income. Across the 6 years on record, from September 2019 to September 2024, income grew from $12.6m to $19.1m (+51%), an average of +8.7% a year. The sharpest change came in the year to September 2023, when income rose by 28%. Over the whole period it spent 96% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arab American and Chaldean Council sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include Counseling and Research Associates Inc ($19.0m), Service Inc of Illinois ($19.1m) and Christopher House ($19.0m).
On its Form 990 for the period ending September 2024, revenue came from contributions and grants 4.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $377k (1.9% of expenses). Other salaries and wages came to $9.2m. At year end it held assets of $11.5m against liabilities of $3.8m, net assets of $7.7m. It reported 162 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.5%
- Program services 95%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Counseling and Research Associates Inc | Gardena | $19.0m |
| Service Inc of Illinois | Joliet | $19.1m |
| Christopher House | Chicago | $19.0m |
| Arbor Hospice Inc | Ann Arbor | $19.1m |