Arc of Prince Georges County Inc

Analysis

Arc of Prince Georges County Inc is a registered charity in United States, based in Largo, MD. It received its IRS tax-exemption ruling in April 1947, 79 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 June 2023, Arc of Prince Georges County Inc reported income of $43.3m and spending of $39.1m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $30.9m to $43.3m (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of Prince Georges County Inc sits at the 99th percentile: it is larger than about 99% 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 Archbold Medical Center Inc ($43.3m), Behavioral Health & Developmental Services of Stafford County Inc ($43.4m) and Hoosier Care Inc ($43.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $446k (1.1% of expenses). Other salaries and wages came to $24.9m. At year end it held assets of $42.6m against liabilities of $22.3m, net assets of $20.3m. It reported 637 employees.