Arcare Inc

Analysis

Arcare Inc is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in August 1983, 43 years ago. 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 December 2023, Arcare Inc reported income of $2.2m and spending of $1.7m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.2m (+35%), an average of +7.9% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arcare Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within KS. Charities of a similar size with the same main cause include Space Coast United Soccer Club Inc ($2.2m), Macon-Russell Community Action Agency Incorporated ($2.2m) and United States Public Interest Research Group Education Fund ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. Other salaries and wages came to $879k. At year end it held assets of $3.7m against liabilities of $79k, net assets of $3.6m. It reported 18 employees.