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The Arc of the Glades Inc

RegisteredEIN 59-1760374Belle Glade, FLPoverty relief
Income$1.1m2023-09
Spending$1.2msame year
Spent / received94%5-year average
Size in its cause76th pctPoverty relief
Exempt since1979Publicly supported organisat
Employees38latest return

Analysis

The Arc of the Glades Inc is a registered charity in United States, based in Belle Glade, FL. It received its IRS tax-exemption ruling in October 1979, 47 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, The Arc of the Glades Inc reported income of $1.1m and spending of $1.2m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $852k to $1.1m (+23%), an average of +5.4% a year. The sharpest change came in the year to September 2021, when income rose by 36%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Arc of the Glades Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Hudson Farm Foundation Inc ($1.1m), Hunger Ends Here ($1.1m) and Bartow Family Resources Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $95k (8.3% of expenses). Other salaries and wages came to $457k. It paid $23k in professional fundraising fees. At year end it held assets of $974k against liabilities of $113k, net assets of $860k. It reported 38 employees.

Income and spending

$0$320k$639k$959k$1.3m2019 Income: $852,4362019 Spending: $875,73320192020 Income: $942,1932020 Spending: $861,19720202021 Income: $1,278,3722021 Spending: $924,38520212022 Income: $1,083,7702022 Spending: $1,085,80920222023 Income: $1,052,7102023 Spending: $1,152,4902023
IncomeSpending

Where the income comes from

  • Contributions & grants 47%
  • Program services 53%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Hudson Farm Foundation IncByram TWP$1.1m
Hunger Ends HereSaint Paul$1.1m
Bartow Family Resources IncCartersville$1.1m
Austin Diaper BankAustin$1.1m