The Arc of Alachua County Inc

Analysis

The Arc of Alachua County Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in March 1969, 57 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 Alachua County Inc reported income of $12.3m and spending of $13.5m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.7m to $12.3m (+15%), an average of +3.6% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Arc of Alachua County Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Dominican Village Inc ($12.3m), South Sound Young Mens Christian Association ($12.3m) and Cof Training Services Inc ($12.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $232k (1.7% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $7.4m against liabilities of $829k, net assets of $6.6m. It reported 278 employees.