The Arc of Texas

Analysis

The Arc of Texas is a registered charity in United States, based in Wichita Falls, 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 September 2023, The Arc of Texas reported income of $830k and spending of $839k, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $564k to $830k (+47%), an average of +10% a year. The sharpest change came in the year to September 2021, when income rose by 76%. Over the whole period it spent 99% 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 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include The Highlands Community Development Corporation ($830k), Adopt International ($830k) and Rest Stop Ministries ($830k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 47% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $55k (6.6% of expenses). Other salaries and wages came to $378k. At year end it held assets of $2.0m against liabilities of $19k, net assets of $2.0m. It reported 52 employees.