Area Residential Care Inc

Analysis

Area Residential Care Inc is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in February 1969, 57 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Area Residential Care Inc reported income of $9.8m and spending of $8.9m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.0m to $9.8m (+9.0%), an average of +2.2% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Area Residential Care Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IA. Charities of a similar size with the same main cause include International Guiding Eyes Inc ($9.8m), Catholic Charities of the Archdiocese of Atlanta Inc ($9.8m) and Father Flanagans Boys Home ($9.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $220k (2.5% of expenses). Other salaries and wages came to $5.6m. It paid $58k in professional fundraising fees. At year end it held assets of $13.8m against liabilities of $1.2m, net assets of $12.6m. It reported 232 employees.