Arc of Northwest Wayne County

Analysis

Arc of Northwest Wayne County is a registered charity in United States, based in Canton, MI. It received its IRS tax-exemption ruling in December 1963, 63 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, Arc of Northwest Wayne County reported income of $1.2m and spending of $1.1m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $813k to $1.2m (+46%), an average of +9.8% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of Northwest Wayne County sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MI. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.2m), Athens State University Foundation Inc ($1.2m) and South Orange Moderate Income Housing Corp ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $124k (11% of expenses). Other salaries and wages came to $551k. At year end it held assets of $5.6m against liabilities of $1.9m, net assets of $3.7m. It reported 13 employees.