Arkwings Foundation

Analysis

Arkwings Foundation is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Arkwings Foundation reported income of $66k and spending of $48k, leaving 28% of income unspent that year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 44% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Arkwings Foundation 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 TN. Charities of a similar size with the same main cause include Prince Edward-Farmville Youth Association Inc ($66k), Hallsville Community Fairgrounds Development Association ($66k) and Girls on the Run Southeast Washington ($66k).

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 $517k against liabilities of $0, net assets of $517k.