Arc of Tuscaloosa County Inc

Analysis

Arc of Tuscaloosa County Inc is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in October 1971, 55 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Arc of Tuscaloosa County Inc reported income of $1.8m and spending of $2.0m, spending 107% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.1m to $1.8m (-14%), an average of -3.8% a year. The sharpest change came in the year to September 2021, when income dropped by 43%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arc of Tuscaloosa County Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within AL. Charities of a similar size with the same main cause include Family Service Agency of Mid Michigan ($1.8m), Delaware Adolescent Program Inc ($1.8m) and Community Homes and Services ($1.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $89k (4.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.2m against liabilities of $243k, net assets of $923k. It reported 73 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.