Arc of St Mary

Analysis

Arc of St Mary is a registered charity in United States, based in Centerville, LA. It received its IRS tax-exemption ruling in August 1976, 50 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Arc of St Mary reported income of $250k and spending of $376k, spending 150% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $287k to $250k (-13%), an average of -4.5% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of St Mary sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within LA. Charities of a similar size with the same main cause include St Andrews Auxiliary ($250k), Little League Baseball Inc ($250k) and Pottawattamie Conservation Foundation ($250k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $50k (13% of expenses). Other salaries and wages came to $120k. At year end it held assets of $729k against liabilities of $122k, net assets of $608k. It reported 29 employees.