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Arhealth Ventures Inc

RegisteredEIN 45-5196121Little Rock, ARHealth and saving lives
Income$2.8m2022-06
Spending$2.5msame year
Spent / received71%3-year average
Size in its cause75th pctHealth and saving lives
Exempt since2015Publicly supported organisat
Employees0latest return

Analysis

Arhealth Ventures Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover health care, 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 2022, Arhealth Ventures Inc reported income of $2.8m and spending of $2.5m, spending 87% of its income. Across the 3 years on record, from June 2020 to June 2022, income grew from $2.7m to $2.8m (+6.0%), an average of +2.9% a year. Over the whole period it spent 71% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Arhealth Ventures Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within AR. Charities of a similar size with the same main cause include Caring Housing Ministries Inc ($2.8m), Washington County Mental Health Association ($2.8m) and Never Surrender Inc ($2.8m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 38% and program service revenue 60% of the total. Other salaries and wages came to $448k. At year end it held assets of $7.8m against liabilities of $0, net assets of $7.8m.

Income and spending

$0$706k$1.4m$2.1m$2.8m2020 Income: $2,662,9882020 Spending: $1,752,41820202021 Income: $2,579,7212021 Spending: $1,513,29020212022 Income: $2,822,3182022 Spending: $2,462,3992022
IncomeSpending

Where the income comes from

  • Contributions & grants 38%
  • Program services 60%
  • Other 2.1%

Similar-sized charities, same cause

CharityLocationIncome
Caring Housing Ministries IncGlendale$2.8m
Washington County Mental Health AssociationWashington$2.8m
Never Surrender IncHermantown$2.8m
Greenport Rescue Squad IncHudson$2.8m