Arc of South Talladega County

Analysis

Arc of South Talladega County is a registered charity in United States, based in Sylacauga, AL. 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 December 2022, Arc of South Talladega County reported income of $303k and spending of $321k, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $318k to $303k (-4.6%), an average of -1.6% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arc of South Talladega County sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within AL. Charities of a similar size with the same main cause include Hope Response Inc ($303k), National Association of Cuban American Women of the United State ($303k) and Forvets ($303k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 9.9% of the total. Compensation of current officers, directors and key employees was $75k (23% of expenses). Other salaries and wages came to $52k. At year end it held assets of $52k against liabilities of $1,337, net assets of $50k. It reported 8 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.