Arrowhead Ministries

Analysis

Arrowhead Ministries is a registered charity in United States, based in Johnson City, NY. It received its IRS tax-exemption ruling in August 1946, 80 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Arrowhead Ministries reported income of $1.3m and spending of $1.6m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.3m (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Arrowhead 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 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Zion Day Care Center Inc ($1.3m), Cathedral Childcare Inc ($1.3m) and Siddhi Vinayaka Cultural Center Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $90k (5.6% of expenses). Other salaries and wages came to $424k. At year end it held assets of $3.7m against liabilities of $935k, net assets of $2.7m. It reported 41 employees.