The Arc of Moore County Inc

Analysis

The Arc of Moore County Inc is a registered charity in United States, based in Southern Pnes, NC. It received its IRS tax-exemption ruling in January 1985, 41 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 Moore County Inc reported income of $743k and spending of $805k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $689k to $743k (+7.8%), an average of +1.9% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Arc of Moore County Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Trinity Presbyterian Schools Inc ($742k), Catholic Charities Community Services Odessa Inc ($743k) and New Hope House Northwest ($742k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $101k (13% of expenses). Other salaries and wages came to $442k. At year end it held assets of $272k against liabilities of $70k, net assets of $203k. It reported 73 employees.