Arc of Arizona Inc

Analysis

Arc of Arizona Inc is a registered charity in United States, based in Cottonwood, AZ. It received its IRS tax-exemption ruling in June 1965, 61 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 June 2023, Arc of Arizona Inc reported income of $2.3m and spending of $2.3m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.4m to $2.3m (-4.4%), an average of -1.1% a year. The sharpest change came in the year to June 2022, when income dropped by 20%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of Arizona Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within AZ. Charities of a similar size with the same main cause include National MPS Society Inc ($2.3m), Kamenitzer Yeshiva of Jerusalem Inc ($2.3m) and Alpha Omega Alpha Honor Medical Society ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.7% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $59k (2.5% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.2m against liabilities of $570k, net assets of $1.6m. It reported 73 employees.