The Arc of Ventura County Inc

Analysis

The Arc of Ventura County Inc is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Arc of Ventura County Inc reported income of $12.3m and spending of $12.5m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $14.2m to $12.3m (-13%), an average of -3.5% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Arc of Ventura County Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include New Hope Ministries Inc ($12.3m), Help Foundation Inc ($12.3m) and Urban League of Broward County Incorporated ($12.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $287k (2.3% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $14.2m against liabilities of $5.0m, net assets of $9.2m. It reported 267 employees.