Archway Station Inc

Analysis

Archway Station Inc is a registered charity in United States, based in Cumberland, MD. It received its IRS tax-exemption ruling in August 1982, 44 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 June 2023, Archway Station Inc reported income of $6.4m and spending of $6.2m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.1m to $6.4m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Archway Station Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MD. Charities of a similar size with the same main cause include Facing Forward to End Homelessness ($6.4m), Effective Planning Innovative Communication Inc ($6.4m) and Core Services of Northeast Tennessee ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $299k (4.8% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $6.6m against liabilities of $1.4m, net assets of $5.3m. It reported 143 employees.