Arms Around the World

Analysis

Arms Around the World is a registered charity in United States, based in Beaver City, NE. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Arms Around the World reported income of $67k and spending of $74k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $67k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 109% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Arms Around the World sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within NE. Charities of a similar size with the same main cause include Cornerstone International Inc ($67k), Vietnamese Buddhist Association of Rochester ($67k) and Tu Lien Buddhist Temple Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.