Art Resource Collaborative for Kids Arck Incorporated

Analysis

Art Resource Collaborative for Kids Arck Incorporated is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Art Resource Collaborative for Kids Arck Incorporated reported income of $511k and spending of $461k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $292k to $511k (+75%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Art Resource Collaborative for Kids Arck Incorporated sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include Lake Erie Ink- a Writing Space for Youth ($510k), Applied Computing Foundation ($511k) and James and Grace Lee Boggs Center to Nurture Community Leadership ($510k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $73k (16% of expenses). Other salaries and wages came to $235k. At year end it held assets of $282k against liabilities of $0, net assets of $282k. It reported 16 employees.