Arc of the Capital Area

Analysis

Arc of the Capital Area is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in June 1956, 70 years ago. 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, Arc of the Capital Area reported income of $2.0m and spending of $2.8m, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $2.0m (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of the Capital Area 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 89th percentile within TX. Charities of a similar size with the same main cause include Lasa ($2.0m), Richfield Residential Hall School Board Inc ($2.0m) and North Natomas Jibe Walk Bike Bus ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $147k (5.2% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $2.9m against liabilities of $293k, net assets of $2.6m. It reported 49 employees.