Arc-Newaygo County

Analysis

Arc-Newaygo County is a registered charity in United States, based in Fremont, MI. It received its IRS tax-exemption ruling in September 1976, 50 years ago. 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 December 2023, Arc-Newaygo County reported income of $373k and spending of $291k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $496k to $373k (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2021, when income dropped by 34%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc-Newaygo County sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include San Ramon Valley Education Foundation ($373k), United Seniors Inc ($373k) and Local 18 Joint Apprenticeship and Training Fund ($373k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 91% of the total. Other salaries and wages came to $178k. At year end it held assets of $658k against liabilities of $33k, net assets of $625k. It reported 6 employees.