Arc of Greater Prince William Insight Inc

Analysis

Arc of Greater Prince William Insight Inc is a registered charity in United States, based in Woodbridge, VA. It received its IRS tax-exemption ruling in March 1964, 62 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 Greater Prince William Insight Inc reported income of $5.0m and spending of $4.8m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.4m to $5.0m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of Greater Prince William Insight Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within VA. Charities of a similar size with the same main cause include The Bhutan Foundation ($5.0m), Titusville Academy Inc ($5.0m) and Cradle Society ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $141k (2.9% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $12.5m against liabilities of $2.3m, net assets of $10.2m. It reported 166 employees.