Arc of Bradford County Inc

Analysis

Arc of Bradford County Inc is a registered charity in United States, based in Starke, FL. It received its IRS tax-exemption ruling in May 1977, 49 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, Arc of Bradford County Inc reported income of $3.5m and spending of $2.7m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $3.5m (+110%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 111%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arc of Bradford County Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Hammond Strawberry Fields Inc ($3.5m), National Cares Mentoring Movement Inc ($3.5m) and Jewish Family & Childrens Service of Mommouth County ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $61k (2.2% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.6m against liabilities of $301k, net assets of $1.3m. It reported 72 employees.