The Arc of the Mid Ohio Valley Inc

Analysis

The Arc of the Mid Ohio Valley Inc is a registered charity in United States, based in Parkersburg, WV. It received its IRS tax-exemption ruling in April 1960, 66 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 the Mid Ohio Valley Inc reported income of $1.1m and spending of $1.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $733k to $1.1m (+49%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 93% 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 the Mid Ohio Valley Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within WV. Charities of a similar size with the same main cause include Dallas County Heritage Society ($1.1m), United Professional Horsemens Foundation ($1.1m) and Leadership Philadelphia ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 42% of the total. Other salaries and wages came to $592k. At year end it held assets of $1.7m against liabilities of $57k, net assets of $1.6m. It reported 45 employees.