The Arc Shiawassee County

Analysis

The Arc Shiawassee County is a registered charity in United States, based in Owosso, MI. It received its IRS tax-exemption ruling in March 1979, 47 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 December 2023, The Arc Shiawassee County reported income of $382k and spending of $311k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $382k (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Arc Shiawassee County sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include Swim Team of Placentia ($382k), The Childrens Mentoring Connection of Hancock County Inc ($382k) and Shullsburg Memorial Hospital Assn ($382k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $79k (25% of expenses). Other salaries and wages came to $87k. At year end it held assets of $332k against liabilities of $16k, net assets of $317k. It reported 10 employees.