The Arc of Northern Virginia
Analysis
The Arc of Northern Virginia is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in November 1963, 63 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, The Arc of Northern Virginia reported income of $2.7m and spending of $2.6m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.7m (+68%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 55%. Over the whole period it spent 101% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Arc of Northern Virginia sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Hope Ignites St Louis ($2.7m), Hospice of Hillsdale County ($2.7m) and Young Mens Christian Assoc of McDonough Co ($2.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $227k (8.8% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $2.2m against liabilities of $218k, net assets of $2.0m. It reported 36 employees.
Income and spending
Where the income comes from
- Contributions & grants 53%
- Program services 47%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hope Ignites St Louis | Richmond HTS | $2.7m |
| Hospice of Hillsdale County | Hillsdale | $2.7m |
| Young Mens Christian Assoc of McDonough Co | Macomb | $2.7m |
| Ruth Chapman & Andrew G Cowles Charitable Trust | San Antonio | $2.7m |