The Arc of Central Alabama Inc

Analysis

The Arc of Central Alabama Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in October 1954, 72 years ago. 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 Central Alabama Inc reported income of $28.9m and spending of $29.9m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $26.5m to $28.9m (+8.8%), an average of +2.1% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Arc of Central Alabama Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within AL. Charities of a similar size with the same main cause include Food Bank for Monterey County ($28.9m), Sterling Co ($28.9m) and California State University Dominguez Hills Toro Auxiliary Par ($28.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 5.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $650k (2.2% of expenses). Other salaries and wages came to $18.8m. At year end it held assets of $13.6m against liabilities of $5.0m, net assets of $8.6m. It reported 593 employees.