Archway Inc

Analysis

Archway Inc is a registered charity in United States, based in Carbondale, IL. It received its IRS tax-exemption ruling in February 1974, 52 years ago. 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 2024, Archway Inc reported income of $865k and spending of $821k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $945k to $865k (-8.5%), an average of -2.2% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Archway Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Servlife International Inc ($865k), St Francis Manor of Vero Beach FL Inc ($865k) and Auxiliary Organizations Association ($865k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $64k (7.8% of expenses). Other salaries and wages came to $535k. At year end it held assets of $408k against liabilities of $25k, net assets of $382k. It reported 21 employees.