Arc of the Ozarks

Analysis

Arc of the Ozarks is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in January 1965, 61 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 June 2023, Arc of the Ozarks reported income of $93.2m and spending of $82.2m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $52.4m to $93.2m (+78%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of the Ozarks sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MO. Charities of a similar size with the same main cause include United Way of Canada Centraide ($93.0m), William Carey University ($93.7m) and Conference of State Bank Supervisors Inc ($92.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $435k (0.5% of expenses). Other salaries and wages came to $62.0m. At year end it held assets of $42.1m against liabilities of $5.0m, net assets of $37.1m. It reported 2,135 employees.