The Arc of Southwest Colorado Inc

Analysis

The Arc of Southwest Colorado Inc is a registered charity in United States, based in Durango, CO. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 Southwest Colorado Inc reported income of $351k and spending of $349k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $351k (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Arc of Southwest Colorado Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within CO. Charities of a similar size with the same main cause include Restoring Hope Transplant House Inc ($351k), Society for Education in Anesthesia ($351k) and Calvert Advanced Life Support Unit Inc ($351k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $85k (24% of expenses). Other salaries and wages came to $126k. At year end it held assets of $327k against liabilities of $176k, net assets of $151k. It reported 5 employees.