Arca

Analysis

Arca is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in April 1953, 73 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Arca reported income of $29.2m and spending of $29.5m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $28.4m to $29.2m (+2.7%), an average of +0.7% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arca sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NM. Charities of a similar size with the same main cause include Roland Park Place Inc ($29.2m), Citizens Acting Together Can Help ($29.2m) and Porter Hills Presbyterian Village Inc ($29.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $272k (0.9% of expenses). Other salaries and wages came to $17.4m. At year end it held assets of $17.3m against liabilities of $3.8m, net assets of $13.6m. It reported 713 employees.