Arrowheart Foundation

Analysis

Arrowheart Foundation is a registered charity in United States, based in Rancho Cucamonga, CA. It received its IRS tax-exemption ruling in May 2015, 11 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Arrowheart Foundation reported income of $218k and spending of $194k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $218k (+193%), an average of +193% a year. The sharpest change came in the year to December 2023, when income rose by 193%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Arrowheart Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Deron Cherry Charitable Foundation ($218k), United Way of Parker County ($218k) and Rainforest Cafe Friends of the Future Foundation ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.