Arc of Morehouse

Analysis

Arc of Morehouse is a registered charity in United States, based in Bastrop, LA. It received its IRS tax-exemption ruling in April 1965, 61 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Arc of Morehouse reported income of $2.1m and spending of $2.3m, spending 111% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.8m to $2.1m (+15%), an average of +3.5% a year. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of Morehouse sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within LA. Charities of a similar size with the same main cause include South Carolina Universities Research and Education Foundation ($2.1m), Plainview Serenity Center Inc ($2.1m) and North West Housing Partnership ($2.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $153k (6.7% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.2m against liabilities of $67k, net assets of $1.2m. It reported 96 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.