Arbor Circle Corporation

Analysis

Arbor Circle Corporation is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Arbor Circle Corporation reported income of $19.5m and spending of $19.8m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $16.5m to $19.5m (+18%), an average of +4.3% a year. The sharpest change came in the year to September 2021, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arbor Circle Corporation 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 Family and Childrens Aid Inc ($19.5m), Cap Services Inc ($19.5m) and Pacific Retirement Services Inc ($19.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $426k (2.2% of expenses). Other salaries and wages came to $12.6m. At year end it held assets of $11.9m against liabilities of $3.8m, net assets of $8.0m. It reported 365 employees.