Archedream for Humankind Inc

Analysis

Archedream for Humankind Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Archedream for Humankind Inc reported income of $64k and spending of $60k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $64k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Archedream for Humankind Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within PA. Charities of a similar size with the same main cause include Portland Area Service Committee of Narcotics Anonymous Inc ($64k), Canby Community Clinic Inc ($64k) and Florida Rural Health Association ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 41% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.