Arcadia Building Company

Analysis

Arcadia Building Company is a registered charity in United States, based in Northfield, MN. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Arcadia Building Company reported income of $206k and spending of $168k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18k to $206k (+1049%), an average of +84% a year. The sharpest change came in the year to June 2020, when income rose by 1020%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Arcadia Building Company sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include Main Street Clinton ($205k), Castaways Thrift Shop Inc ($206k) and Retrain Reclaim Renew Inc ($205k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.1m against liabilities of $2.1m, net assets of -$23k.