Arch Inc

Analysis

Arch Inc is a registered charity in United States, based in Clinton, IA. It received its IRS tax-exemption ruling in January 1976, 50 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, Arch Inc reported income of $2.7m and spending of $2.4m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $2.7m (+110%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arch Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within IA. Charities of a similar size with the same main cause include 1hope for Kids Inc ($2.7m), Adirondack North Country Association Inc ($2.7m) and 18 Reasons ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $60k (2.6% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $1.9m against liabilities of $477k, net assets of $1.4m. It reported 75 employees.