Arzenu Inc

Analysis

Arzenu Inc is a registered charity in United States, based in Boynton Beach, FL. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Arzenu Inc reported income of $578k and spending of $564k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $451k to $578k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 109% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Arzenu Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include United Islamic Center of Arizona ($578k), Storehouse Project Inc ($578k) and Keep the Faith Inc ($578k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $192k. At year end it held assets of $655k against liabilities of $34k, net assets of $622k.