The Arc of Lincoln

Analysis

The Arc of Lincoln is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in November 1967, 59 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, The Arc of Lincoln reported income of $278k and spending of $249k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $202k to $278k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Arc of Lincoln sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within NE. Charities of a similar size with the same main cause include Volunteers of America Inc ($278k), Giving Is Loving Inc ($278k) and Riley Recreational League ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 68% of the total. Other salaries and wages came to $51k. At year end it held assets of $630k against liabilities of $140k, net assets of $490k. It reported 2 employees.