The Arc of Spokane

Analysis

The Arc of Spokane is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in December 1986, 40 years ago. 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, The Arc of Spokane reported income of $13.7m and spending of $13.8m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.8m to $13.7m (+27%), an average of +6.3% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Arc of Spokane sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within WA. Charities of a similar size with the same main cause include Southeast Missouri Behavioral Health Inc ($13.7m), Boys and Girls Club of Utah County ($13.7m) and A G B U Manoogian-Demirdjian School ($13.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 104% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $158k (1.1% of expenses). Other salaries and wages came to $10.1m. At year end it held assets of $12.7m against liabilities of $5.0m, net assets of $7.8m. It reported 368 employees.