Ridge Area Arc Inc

Analysis

Ridge Area Arc Inc is a registered charity in United States, based in Avon Park, FL. It received its IRS tax-exemption ruling in March 1959, 67 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 September 2023, Ridge Area Arc Inc reported income of $3.9m and spending of $3.6m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.8m to $3.9m (+41%), an average of +8.9% a year. The sharpest change came in the year to September 2022, when income rose by 27%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ridge Area Arc Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include State Young Mens Christian Association of Michigan ($3.9m), Alexandra House Inc ($3.9m) and Centre County Youth Service Bureau ($3.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 28% and program service revenue 67% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $3.5m against liabilities of $159k, net assets of $3.3m. It reported 105 employees.