Archcare Community Services Inc

Analysis

Archcare Community Services Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Archcare Community Services Inc reported income of $7.6m and spending of $14.4m, spending 188% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.7m to $7.6m (-35%), an average of -10% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 194% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Archcare Community Services Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Washington Area Community Investment Fund Inc ($7.6m), Filter of Hope Inc ($7.6m) and Orphan Foundation of America Orph ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.7% of the total. Other salaries and wages came to $8.5m. At year end it held assets of $18.2m against liabilities of $11.3m, net assets of $6.9m. It reported 171 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.