Arc of Washington County Inc

Analysis

Arc of Washington County Inc is a registered charity in United States, based in Hagerstown, MD. It received its IRS tax-exemption ruling in March 1973, 53 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Arc of Washington County Inc reported income of $39.3m and spending of $33.2m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $27.6m to $39.3m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arc of Washington County Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MD. Charities of a similar size with the same main cause include The Highlands at Wyomissing ($39.2m), Hemp Legacy Foundation Inc ($39.3m) and Social Finance Inc ($39.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $400k (1.2% of expenses). Other salaries and wages came to $22.7m. It paid $8,000 in professional fundraising fees. At year end it held assets of $54.0m against liabilities of $18.2m, net assets of $35.9m. It reported 854 employees.