Arc Broward Inc

Analysis

Arc Broward Inc is a registered charity in United States, based in Sunrise, FL. It received its IRS tax-exemption ruling in November 1957, 69 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Arc Broward Inc reported income of $18.7m and spending of $16.5m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $15.7m to $18.7m (+19%), an average of +4.4% a year. The sharpest change came in the year to September 2023, when income rose by 25%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arc Broward Inc 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 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Shoes That Fit ($18.7m), Lake Cumberland Community Action Agency Inc ($18.7m) and The Food Group Minnesota Inc ($18.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Other salaries and wages came to $10.7m. At year end it held assets of $17.0m against liabilities of $1.7m, net assets of $15.4m. It reported 414 employees.