Arc of Wilson County Inc

Analysis

Arc of Wilson County Inc is a registered charity in United States, based in Wilson, NC. It received its IRS tax-exemption ruling in September 1982, 44 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 December 2023, Arc of Wilson County Inc reported income of $68k and spending of $51k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $68k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of Wilson County Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within NC. Charities of a similar size with the same main cause include Winners Club Inc ($68k), Little League Baseball Inc ($68k) and Cherokee Baptist Helping Hands Ministry Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 8.5% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.