The Arc of Aurora

Analysis

The Arc of Aurora is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in October 1975, 51 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, The Arc of Aurora reported income of $1.3m and spending of $1.0m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1000k to $1.3m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Arc of Aurora 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 81st percentile within CO. Charities of a similar size with the same main cause include American Civil Liberties Union of Kentucky Foundation Inc ($1.3m), Anderson Orthopaedic Research Institute ($1.3m) and San Francisco Senior Center ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $138k (13% of expenses). Other salaries and wages came to $547k. At year end it held assets of $1.8m against liabilities of $32k, net assets of $1.8m. It reported 9 employees.