Arc - Little Missouri Inc

Analysis

Arc - Little Missouri Inc is a registered charity in United States, based in Bowman, ND. It received its IRS tax-exemption ruling in July 1966, 60 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 - Little Missouri Inc reported income of $67k and spending of $79k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $107k to $67k (-38%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 145% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc - Little Missouri Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 17th percentile within ND. Charities of a similar size with the same main cause include Hammond Parks Foundation Inc ($67k), Point Arena Medical Center ($67k) and National Association of Charitable Gift Planners ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $15k (19% of expenses). Other salaries and wages came to $338. At year end it held assets of $213k against liabilities of $0, net assets of $213k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.