Arrow Child & Family Ministries

Analysis

Arrow Child & Family Ministries is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Arrow Child & Family Ministries reported income of $5.6m and spending of $6.0m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $5.6m (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Arrow Child & Family Ministries sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Life Skills Centers Inc ($5.6m), Goodwill Industries of the Coastal Empire Inc ($5.6m) and Ouachita Enrichment Centers Inc ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $890k (15% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $16.3m against liabilities of $17.0m, net assets of -$738k. It reported 65 employees.