Archways Inc

Analysis

Archways Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in May 1984, 42 years ago. 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, Archways Inc reported income of $6.3m and spending of $6.5m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.6m to $6.3m (+12%), an average of +3.7% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Archways Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Clermont County Community Services Inc ($6.3m), Vermont Adult Learning Inc ($6.3m) and John Bartram Association ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $365k (5.6% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $4.7m against liabilities of $2.0m, net assets of $2.6m. It reported 95 employees.