Arcadia Commons Inc

Analysis

Arcadia Commons Inc is a registered charity in United States, based in Albany, GA. It received its IRS tax-exemption ruling in December 2003, 23 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 2023, Arcadia Commons Inc reported income of $108k and spending of $247k, spending 228% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $120k to $108k (-9.3%), an average of -2.4% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 161% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arcadia Commons Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within GA. Charities of a similar size with the same main cause include Joshuas Promise ($108k), Madaro Family Community Fund ($108k) and Wendell Starling Housing Corporation ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. Other salaries and wages came to $13k. At year end it held assets of $1.3m against liabilities of $181k, net assets of $1.1m.

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.