Area Residential Care Foundation

Analysis

Area Residential Care Foundation is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in October 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, Area Residential Care Foundation reported income of $156k and spending of $5,654, leaving 96% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $143k to $156k (+8.8%), an average of +2.1% a year. The sharpest change came in the year to June 2021, when income rose by 172%. Over the whole period it spent 10% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Area Residential Care Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within IA. Charities of a similar size with the same main cause include The Aasha Foundation ($156k), Arcadia Improvement Association ($156k) and Casa of St Croix County ($156k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 44% of the total. At year end it held assets of $4.3m against liabilities of $4,880, net assets of $4.3m.