Three Arches Foundation

Analysis

Three Arches Foundation is a registered charity in United States, based in Lakewood, OH. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Three Arches Foundation reported income of $1.9m and spending of $2.4m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $1.9m (+9.2%), an average of +2.2% a year. The sharpest change came in the year to December 2020, when income rose by 174%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Three Arches Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Ronald McDonald House Charities of Central Iowa Inc ($1.9m), International Pre Diabetes Center Inc ($1.9m) and Ovp Health Care Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% of the total. Compensation of current officers, directors and key employees was $189k (7.9% of expenses). At year end it held assets of $36.6m against liabilities of $318k, net assets of $36.3m. It reported 1 employees.