Archway Programs Inc

Analysis

Archway Programs Inc is a registered charity in United States, based in Atco, NJ. It received its IRS tax-exemption ruling in June 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Archway Programs Inc reported income of $26.0m and spending of $25.2m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $21.3m to $26.0m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Archway Programs Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include First Place for Youth ($25.9m), Arizonas Children Association ($26.0m) and Familylinks Inc ($25.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $81k (0.3% of expenses). Other salaries and wages came to $16.1m. At year end it held assets of $17.0m against liabilities of $7.6m, net assets of $9.4m. It reported 573 employees.