Foundation of the Arc

Analysis

Foundation of the Arc is a registered charity in United States, based in Vestavia, AL. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Foundation of the Arc reported income of $500k and spending of $365k, leaving 27% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $524k to $500k (-4.5%), an average of -1.1% a year. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foundation of the Arc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within AL. Charities of a similar size with the same main cause include Kansas Agriculture and Rural Leadership Inc ($500k), Southwest Transportation ($500k) and Athlete Transition Services Corp ($500k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 66% of the total. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m.