The Arc of Loudoun

Analysis

The Arc of Loudoun is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in November 1976, 50 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Loudoun reported income of $7.0m and spending of $8.4m, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.2m to $7.0m (+35%), an average of +7.7% a year. The sharpest change came in the year to June 2020, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Arc of Loudoun 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 94th percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include National Center for Addiction Studies and Treatment Foundation ($7.0m), Marklund Charities ($7.0m) and Nuestros Pequenos Hermanosinternational ($7.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $170k (2.0% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $2.2m against liabilities of $459k, net assets of $1.8m. It reported 160 employees.