Arvf Corporation

Analysis

Arvf Corporation is a registered charity in United States, based in Voorhees, NJ. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Arvf Corporation reported income of $326k and spending of $394k, spending 121% of what it took in. Across the 6 years on record, from August 2019 to December 2023, income fell from $511k to $326k (-36%), an average of -8.6% a year. The sharpest change came in the year to December 2020, when income rose by 169%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arvf Corporation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include Friends of Audubon School ($326k), Choose Aerospace Inc ($326k) and Harborlight Nursery School Inc ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $87k (22% of expenses). Other salaries and wages came to $37k. At year end it held assets of $191k against liabilities of $20k, net assets of $172k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.