Arc Research Institute

Analysis

Arc Research Institute is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Arc Research Institute reported income of $53.6m and spending of $64.2m, spending 120% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $15.4m to $53.6m (+247%), an average of +86% a year. The sharpest change came in the year to December 2022, when income rose by 525%. Over the whole period it spent 62% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Arc Research Institute sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Scott & White Hospital Brenham ($53.6m), Community Health Association ($53.6m) and The Native American Rehabilitation Assoc of the Northwest Inc ($53.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $3.2m (5.0% of expenses). Other salaries and wages came to $10.8m. At year end it held assets of $155.7m against liabilities of $93.8m, net assets of $61.9m. It reported 92 employees.