The Arc of Tennessee Inc

Analysis

The Arc of Tennessee Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in November 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Arc of Tennessee Inc reported income of $2.1m and spending of $2.8m, spending 133% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $2.1m (+20%), an average of +6.2% a year. The sharpest change came in the year to June 2021, when income rose by 95%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Arc of Tennessee Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within TN. Charities of a similar size with the same main cause include Developmental Center & Workshop Inc ($2.1m), North Gwinnett Cooperative Inc ($2.1m) and Salem County Womens Services ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $138k (5.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.3m against liabilities of $473k, net assets of $830k. It reported 37 employees.