Bakersfield Arc Inc

Analysis

Bakersfield Arc Inc is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in December 1963, 63 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bakersfield Arc Inc reported income of $8.7m and spending of $9.5m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $12.4m to $8.7m (-30%), an average of -8.4% a year. The sharpest change came in the year to June 2023, when income dropped by 19%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bakersfield Arc Inc 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 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Farm Fresh Rhode Island ($8.7m), Support to Encourage Low Income Families ($8.7m) and Bethesda House of Schenectady Inc ($8.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.0% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $489k (5.1% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $8.0m against liabilities of $858k, net assets of $7.2m. It reported 283 employees.