The Arc of Texas

Analysis

The Arc of Texas is a registered charity in United States, based in Waco, 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 2023, The Arc of Texas reported income of $619k and spending of $392k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $402k to $619k (+54%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 213%. Over the whole period it spent 64% 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 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Neighbor to Neighbor Volunteers ($619k), Seward County Council on Aging Inc ($619k) and Alle-Kiski Valley Senior Citizens Center Inc ($619k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $124k (32% of expenses). Other salaries and wages came to $123k. At year end it held assets of $1.7m against liabilities of $9,293, net assets of $1.7m. It reported 23 employees.