Arc of Arizona Inc

Analysis

Arc of Arizona Inc is a registered charity in United States, based in Kearny, 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 $824k and spending of $712k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $603k to $824k (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 94% 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 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 74th percentile within AZ. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($824k), Steuben County Council on Aging Inc ($824k) and Tu Casa Incorporated ($823k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $400k. At year end it held assets of $1.2m against liabilities of -$172k, net assets of $1.4m.