Arc of Levy County Inc

Analysis

Arc of Levy County Inc is a registered charity in United States, based in Chiefland, FL. It received its IRS tax-exemption ruling in June 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 September 2023, Arc of Levy County Inc reported income of $421k and spending of $332k, leaving 21% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $113k to $421k (+271%), an average of +55% a year. The sharpest change came in the year to September 2023, when income rose by 133%. 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, Arc of Levy County Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Human Agricultural Cooperative Inc ($421k), Kern County Network for Children ($421k) and Choice Living Community ($421k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 28% and program service revenue 40% of the total. Other salaries and wages came to $201k. At year end it held assets of $219k against liabilities of $3,741, net assets of $215k. It reported 22 employees.