The Arc of Indian River County Inc

Analysis

The Arc of Indian River County Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in January 1978, 48 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 Indian River County Inc reported income of $3.2m and spending of $3.8m, spending 116% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $3.5m to $3.2m (-6.9%), an average of -2.4% a year. The sharpest change came in the year to June 2022, when income rose by 22%. 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, The Arc of Indian River County Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Hearts to Nourish Hope Inc ($3.2m), Family Guidance Center ($3.2m) and Northeast Ohio Adoption Services ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 79% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $4.8m against liabilities of $425k, net assets of $4.4m. It reported 92 employees.