Archibald Project Inc

Analysis

Archibald Project Inc is a registered charity in United States, based in Horseshoe Bay, TX. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Archibald Project Inc reported income of $223k and spending of $182k, spending 81% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $278k to $223k (-20%), an average of -7.0% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Archibald Project Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include East Wake Education Foundation ($223k), Casa of the 16th JDC Inc ($223k) and Chance of Change ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $97k (54% of expenses). Other salaries and wages came to $24k. At year end it held assets of $295k against liabilities of -$1,430, net assets of $296k. It reported 4 employees.