Arc of the Shoals

Analysis

Arc of the Shoals is a registered charity in United States, based in Tuscumbia, AL. It received its IRS tax-exemption ruling in May 1960, 66 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, Arc of the Shoals reported income of $4.7m and spending of $4.1m, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.0m to $4.7m (+19%), an average of +4.3% a year. The sharpest change came in the year to September 2022, when income rose by 20%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of the Shoals sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within AL. Charities of a similar size with the same main cause include T a G Treatment Action Group Inc ($4.7m), Young Marines of the Marine Corps League ($4.7m) and Peer Assistance Services Inc ($4.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 8.5% and program service revenue 89% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $5.5m against liabilities of $185k, net assets of $5.4m. It reported 139 employees.