The Arc of Texas

Analysis

The Arc of Texas is a registered charity in United States, based in Sugar Land, 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 2022, The Arc of Texas reported income of $1.7m and spending of $1.0m, leaving 37% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $977k to $1.7m (+71%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 86% 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 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Tri County Emergency Medical Services Inc ($1.7m), Louisiana Resource Center for Educators ($1.7m) and Farmhouse Retreat Inc ($1.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 70% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $102k (9.7% of expenses). Other salaries and wages came to $283k. At year end it held assets of $4.7m against liabilities of $1.4m, net assets of $3.3m. It reported 6 employees.