Arc Inc

Analysis

Arc Inc is a registered charity in United States, based in Boise, ID. 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, Arc Inc reported income of $1.4m and spending of $1.3m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $1.4m (-38%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 38%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within ID. Charities of a similar size with the same main cause include Desert Foothills Athletic Club Inc ($1.4m), Society of St Vincent de Paul Particular Council City of Dubuque ($1.4m) and Foundation for Wellness ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $76k (5.8% of expenses). Other salaries and wages came to $722k. At year end it held assets of $1.5m against liabilities of $315k, net assets of $1.2m. It reported 109 employees.