The Arc Nassau Inc

Analysis

The Arc Nassau Inc is a registered charity in United States, based in Yulee, FL. It received its IRS tax-exemption ruling in March 1973, 53 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 2024, The Arc Nassau Inc reported income of $2.9m and spending of $2.9m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $2.9m (+129%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 72%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Arc Nassau Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Society of St Vincent de Paul Particular Council of San Mateo ($2.9m), Oakendell Corporation ($2.9m) and Lubbock Meals on Wheels Inc ($2.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.5% and program service revenue 90% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $1.1m against liabilities of $89k, net assets of $1.1m. It reported 65 employees.