The Arc Baltimore Inc
Analysis
The Arc Baltimore Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 1954, 72 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, The Arc Baltimore Inc reported income of $52.8m and spending of $50.5m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $49.6m to $52.8m (+6.5%), an average of +1.6% a year. Over the whole period it spent 94% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Arc Baltimore Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MD. Charities of a similar size with the same main cause include Lutheran Family Services of Virginia Inc ($52.8m), Catholic Charities and Community Services of the Archdiocese of Den ($52.9m) and Association for Individual Development ($52.8m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $1.1m (2.2% of expenses). Other salaries and wages came to $30.9m. At year end it held assets of $38.6m against liabilities of $10.7m, net assets of $27.9m. It reported 905 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.0%
- Program services 96%
- Other 3.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lutheran Family Services of Virginia Inc | Roanoke | $52.8m |
| Catholic Charities and Community Services of the Archdiocese of Den | Denver | $52.9m |
| Association for Individual Development | Aurora | $52.8m |
| Harvest Hope Food Bank | Columbia | $52.9m |