The Arc of Hilo

Analysis

The Arc of Hilo is a registered charity in United States, based in Hilo, HI. It received its IRS tax-exemption ruling in February 1955, 71 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Arc of Hilo reported income of $3.1m and spending of $3.1m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $3.1m (+7.9%), an average of +1.9% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 100% 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 Hilo sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within HI. Charities of a similar size with the same main cause include Tarc-Serving People with Disabilities & Their Families ($3.1m), Crime Stoppers of Houston Inc ($3.1m) and Immigrant Law Center of Minnesota Inc ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $101k (3.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $4.8m against liabilities of $571k, net assets of $4.2m. It reported 130 employees.