Arc of Delaware Inc Affiliates of the Arc of Delaware

Analysis

Arc of Delaware Inc Affiliates of the Arc of Delaware is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Delaware Inc Affiliates of the Arc of Delaware reported income of $3.0m and spending of $3.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $3.0m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Arc of Delaware Inc Affiliates of the Arc of Delaware sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within DE. Charities of a similar size with the same main cause include Le-Na Residential Inc ($3.0m), North Pacific Homes Inc ($3.0m) and Helen Purcell Home ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 85% of the total. Other salaries and wages came to $498k. At year end it held assets of $13.6m against liabilities of $12.2m, net assets of $1.5m. It reported 18 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.