The Arc of Laramie County

Analysis

The Arc of Laramie County is a registered charity in United States, based in Cheyenne, WY. It received its IRS tax-exemption ruling in July 2014, 12 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 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, The Arc of Laramie County reported income of $185k and spending of $86k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $185k (+163%), an average of +163% a year. The sharpest change came in the year to December 2023, when income rose by 163%. Over the whole period it spent 61% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Arc of Laramie County sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within WY. Charities of a similar size with the same main cause include Junior League of Lufkin Inc ($185k), Uptown Jackson Revitalization Organization Inc ($185k) and Worldorlando Inc ($185k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 6.8% of the total. At year end it held assets of $253k against liabilities of $0, net assets of $253k.