The Arc of Texas

Analysis

The Arc of Texas is a registered charity in United States, based in Tyler, 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 $319k and spending of $347k, spending 108% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $374k to $319k (-15%), an average of -7.6% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 88% 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 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Guadalupe Family Services Inc ($319k), Change the Air Foundation Inc ($319k) and Haymarket Revitalization Inc ($319k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $54k (16% of expenses). Other salaries and wages came to $133k. At year end it held assets of $118k against liabilities of $28k, net assets of $90k. It reported 8 employees.