Arthritis Research Institute of America Inc

Analysis

Arthritis Research Institute of America Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in October 1984, 42 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Arthritis Research Institute of America Inc reported income of $128k and spending of $190k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $150k to $128k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2023, when income rose by 168%. Over the whole period it spent 179% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Arthritis Research Institute of America Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Resurrecting Lives Foundation ($128k), Zach Liberatore Foundation Inc ($128k) and Coffin-Siris Syndrome Foundation ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. Compensation of current officers, directors and key employees was $84k (44% of expenses). At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.