Arc of Shelby County Inc

Analysis

Arc of Shelby County Inc is a registered charity in United States, based in Pelham, AL. It received its IRS tax-exemption ruling in June 1974, 52 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 Shelby County Inc reported income of $2.6m and spending of $2.8m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.8m to $2.6m (+40%), an average of +8.8% a year. The sharpest change came in the year to September 2020, when income rose by 76%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of Shelby County Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within AL. Charities of a similar size with the same main cause include Childrens Aid Society of Clearfield County ($2.6m), Rahway Day Care Center Inc ($2.6m) and YWCA of Southern Arizona ($2.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $64k (2.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $1.7m against liabilities of $992k, net assets of $702k. It reported 85 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.