Arc of Adams County

Analysis

Arc of Adams County is a registered charity in United States, based in Northglenn, CO. It received its IRS tax-exemption ruling in March 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Arc of Adams County reported income of $1.3m and spending of $930k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $960k to $1.3m (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of Adams County sits at the 80th percentile: it is larger than about 80% 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 The Georgia Ffa Foundation Inc ($1.3m), Comparative and International Education Society ($1.3m) and Boy Scouts of America ($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 $109k (12% of expenses). Other salaries and wages came to $508k. At year end it held assets of $1.8m against liabilities of $47k, net assets of $1.8m. It reported 12 employees.