Artus Co

Analysis

Artus Co is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 2007, 19 years ago. 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, Artus Co reported income of $148k and spending of $179k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $183k to $148k (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2020, when income rose by 97%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Artus Co sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Les Dames Daspen Ltd ($148k), Little League Baseball Inc ($148k) and Holy Rosary School Endowment Foundation Inc ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $31k (17% of expenses). At year end it held assets of $19k against liabilities of $88k, net assets of -$69k. It reported 1 employees.