Arcare

Analysis

Arcare is a registered charity in United States, based in Augusta, AR. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Arcare reported income of $236.7m and spending of $218.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $90.1m to $236.7m (+163%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Arcare sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within AR. Charities of a similar size with the same main cause include Knox Community Hospital ($235.8m), T J Samson Community Hospital ($236.9m) and Luminis Health Doctors Community Medical Center Inc ($235.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $3.9m (1.8% of expenses). Other salaries and wages came to $70.9m. At year end it held assets of $147.5m against liabilities of $52.1m, net assets of $95.4m. It reported 1,616 employees.