Arc of Lane County

Analysis

Arc of Lane County is a registered charity in United States, based in Springfield, OR. It received its IRS tax-exemption ruling in December 1953, 73 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 Lane County reported income of $7.8m and spending of $5.6m, leaving 27% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.6m to $7.8m (+39%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 63%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of Lane County sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within OR. Charities of a similar size with the same main cause include The Riordan Foundation ($7.8m), College World Series of Omaha Inc ($7.8m) and John F Kennedy Memorial Hospital ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $118k (2.1% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $7.6m against liabilities of $2.4m, net assets of $5.2m. It reported 176 employees.