Argus Community Inc

Analysis

Argus Community Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in April 1974, 52 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2023, Argus Community Inc reported income of $26.5m and spending of $26.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.7m to $26.5m (+3.2%), an average of +0.8% a year. The sharpest change came in the year to June 2022, when income rose by 31%. 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, Argus Community Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Bartz-Altadonna Community Health Center ($26.5m), Mount Olivet Careview Home ($26.5m) and Rural Health Resources of Jackson Co Inc ($26.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $1.4m (5.4% of expenses). Other salaries and wages came to $13.6m. At year end it held assets of $92.9m against liabilities of $40.9m, net assets of $52.0m. It reported 528 employees.