The Arc of Snohomish County

Analysis

The Arc of Snohomish County is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in February 1979, 47 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 December 2023, The Arc of Snohomish County reported income of $915k and spending of $861k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $637k to $915k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2023, when income rose by 26%. 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, The Arc of Snohomish County sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WA. Charities of a similar size with the same main cause include Day Care Center of New Canaan ($915k), Columbia Borough Fire Department ($916k) and Green Thumb Players Society ($915k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $79k (9.2% of expenses). Other salaries and wages came to $473k. At year end it held assets of $586k against liabilities of $328k, net assets of $257k. It reported 21 employees.