Arrow Education Foundation Inc

Analysis

Arrow Education Foundation Inc is a registered charity in United States, based in Watertown, SD. It received its IRS tax-exemption ruling in November 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Arrow Education Foundation Inc reported income of $524k and spending of $392k, leaving 25% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $171k to $524k (+206%), an average of +45% a year. The sharpest change came in the year to June 2021, when income rose by 465%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arrow Education Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within SD. Charities of a similar size with the same main cause include Snyder County Libraries Inc ($524k), Gifts for Seniors ($524k) and Imagine Scholar Inc ($524k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 37% of the total. Other salaries and wages came to $4,804. At year end it held assets of $3.1m against liabilities of $22k, net assets of $3.1m. It reported 4 employees.