The Arc of Texas

Analysis

The Arc of Texas is a registered charity in United States, based in Fredericksbrg, TX. It received its IRS tax-exemption ruling in July 1966, 60 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, The Arc of Texas reported income of $91k and spending of $68k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $42k to $91k (+118%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 232%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Arc of Texas 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 34th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Little League Baseball Inc ($91k), Saints Peter & Paul Catholic School Charitable Trust ($91k) and Cudahy Family Library Endowment Fund Inc ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 5.0% of the total. Other salaries and wages came to $3,141. At year end it held assets of $719k against liabilities of $89, net assets of $719k. It reported 3 employees.