Arc of Tuscaloosa County Endowment Fund Inc

Analysis

Arc of Tuscaloosa County Endowment Fund Inc is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Tuscaloosa County Endowment Fund Inc reported income of $127k and spending of $26k, leaving 79% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $204k to $127k (-38%), an average of -11% a year. The sharpest change came in the year to September 2023, when income rose by 62%. Over the whole period it spent 34% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Arc of Tuscaloosa County Endowment Fund Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within AL. Charities of a similar size with the same main cause include Shields of Hope ($127k), 2nd Mile Adventures Inc ($127k) and St Johns Church Charitable TR ($127k).

At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m.