The Arc of Howard County Inc

Analysis

The Arc of Howard County Inc is a registered charity in United States, based in Ellicott City, MD. It received its IRS tax-exemption ruling in January 1969, 57 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, The Arc of Howard County Inc reported income of $17.9m and spending of $18.4m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.9m to $17.9m (+20%), an average of +4.7% 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 of Howard County Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MD. Charities of a similar size with the same main cause include Quad-Area Community Action Agency Inc ($17.9m), Pathways to Housing DC ($17.9m) and Charitable Adult Rides & Services Inc ($17.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $419k (2.3% of expenses). Other salaries and wages came to $11.3m. At year end it held assets of $18.9m against liabilities of $6.0m, net assets of $12.9m. It reported 331 employees.