Arhealth Ventures Inc
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
Where the income comes from
- Contributions & grants 38%
- Program services 60%
- Other 2.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Caring Housing Ministries Inc | Glendale | $2.8m |
| Washington County Mental Health Association | Washington | $2.8m |
| Never Surrender Inc | Hermantown | $2.8m |
| Greenport Rescue Squad Inc | Hudson | $2.8m |