Arrive Ministries
Analysis
Arrive Ministries is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 1993, 33 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending March 2024, Arrive Ministries reported income of $3.6m and spending of $3.7m, spending 103% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $1.5m to $3.6m (+135%), an average of +24% a year. The sharpest change came in the year to March 2022, when income rose by 72%. Over the whole period it spent 97% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arrive Ministries 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 90th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include The Arc of Pennsylvania ($3.6m), New York Alliance for Inclusion and Innovation Inc ($3.6m) and Natural Resources Foundation of Wisconsin Inc ($3.6m).
On its Form 990 for the period ending March 2024, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $110k (3.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.1m against liabilities of $2.0m, net assets of $1.1m. It reported 45 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 0.8%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Arc of Pennsylvania | Lemoyne | $3.6m |
| New York Alliance for Inclusion and Innovation Inc | Albany | $3.6m |
| Natural Resources Foundation of Wisconsin Inc | Madison | $3.6m |
| Bay County Council on Aging Inc | Panama City | $3.6m |