Arpin Charitable Fund Inc

Analysis

Arpin Charitable Fund Inc is a registered charity in United States, based in Essex, CT. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Arpin Charitable Fund Inc reported income of $95k and spending of $26k, leaving 73% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $29k to $95k (+228%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 136%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Arpin Charitable Fund Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within CT. Charities of a similar size with the same main cause include Memorial Community Hospital Foundation Corporation ($95k), Alzheimers Fund - Support Research Cure Inc ($95k) and The Progressives-Harambe Inc NFP ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.