Foundation of the Arc of the United States
Analysis
Foundation of the Arc of the United States is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1988, 38 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Foundation of the Arc of the United States reported income of $379k and spending of $225k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $67k to $379k (+464%), an average of +54% a year. The sharpest change came in the year to December 2022, when income rose by 255%. Over the whole period it spent 75% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation of the Arc of the United States 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 66th percentile, and in the 39th percentile within DC. Charities of a similar size with the same main cause include Memorial Apartments Corporation ($379k), Association for Christian Fundraising ($379k) and Minnesota Academy of Science ($379k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 6.6% of the total. At year end it held assets of $1.2m against liabilities of $135k, net assets of $1.1m.
Income and spending
Where the income comes from
- Contributions & grants 90%
- Program services 6.6%
- Other 3.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Memorial Apartments Corporation | Baltimore | $379k |
| Association for Christian Fundraising | Plano | $379k |
| Minnesota Academy of Science | Saint Paul | $379k |
| Point Pleasant River Museum Foundation Inc | Point Pleasant | $379k |