Artwell Collaborative Inc

Analysis

Artwell Collaborative Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 2006, 20 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 June 2023, Artwell Collaborative Inc reported income of $562k and spending of $673k, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $567k to $562k (-0.9%), an average of -0.2% a year. The sharpest change came in the year to June 2022, when income rose by 74%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Artwell Collaborative Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Arizona Chapter Associated General Contractors of America Inc Appren ($562k), Hoyt Library ($562k) and Tumblehome Inc ($561k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $91k (14% of expenses). Other salaries and wages came to $219k. At year end it held assets of $521k against liabilities of $94k, net assets of $426k. It reported 7 employees.