The Arc of Texas

Analysis

The Arc of Texas is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in July 1966, 60 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 2022, The Arc of Texas reported income of $2.5m and spending of $2.0m, leaving 21% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $2.0m to $2.5m (+25%), an average of +7.8% a year. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Arc of Texas 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 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include End Violence Against Women - Evaw International ($2.5m), Northwest Georgia Hunger Ministries Inc ($2.5m) and Lancaster County Foundation ($2.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 32% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $297k (15% of expenses). Other salaries and wages came to $848k. At year end it held assets of $5.5m against liabilities of $269k, net assets of $5.2m. It reported 29 employees.