The Arvc Foundation Inc

Analysis

The Arvc Foundation Inc is a registered charity in United States, based in Centennial, CO. It received its IRS tax-exemption ruling in May 1990, 36 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, The Arvc Foundation Inc reported income of $118k and spending of $133k, spending 112% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $267k to $118k (-56%), an average of -18% a year. The sharpest change came in the year to September 2022, when income rose by 966%. Over the whole period it spent 39% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Arvc Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within CO. Charities of a similar size with the same main cause include United States Bowling Congress Inc ($118k), Saraland Soccer Academy ($118k) and Maryland Senior Olympics Commission Ltd ($118k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $1.4m against liabilities of $2,822, net assets of $1.4m.