My Fathers Arrows Inc

Analysis

My Fathers Arrows Inc is a registered charity in United States, based in Jay, FL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, My Fathers Arrows Inc reported income of $1.7m and spending of $1.5m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $900k to $1.7m (+90%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, My Fathers Arrows Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Ridgeway Senior Living ($1.7m), The Scioto Valley Young Mens Christian Association Inc ($1.7m) and Human Services Center Corporation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 76% of the total. Other salaries and wages came to $635k. At year end it held assets of $3.0m against liabilities of $621k, net assets of $2.3m. It reported 36 employees.