The Arc Foundation of Ventura County Inc

Analysis

The Arc Foundation of Ventura County Inc is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in February 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Arc Foundation of Ventura County Inc reported income of $1.6m and spending of $2.1m, spending 130% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.6m (-8.5%), an average of -2.2% a year. The sharpest change came in the year to June 2021, when income rose by 97%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Arc Foundation of Ventura County Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include High Point Village ($1.6m), Feest Food Empowerment Education and Sustainability Team ($1.6m) and Bread & Roses Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.8% of the total. Compensation of current officers, directors and key employees was $193k (9.4% of expenses). Other salaries and wages came to $271k. At year end it held assets of $22.0m against liabilities of $742k, net assets of $21.2m. It reported 65 employees.