The Arrow Fund Inc

Analysis

The Arrow Fund Inc is a registered charity in United States, based in Prospect, KY. It received its IRS tax-exemption ruling in October 2001, 25 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 December 2023, The Arrow Fund Inc reported income of $379k and spending of $504k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $670k to $379k (-43%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 483%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Arrow Fund Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within KY. Charities of a similar size with the same main cause include We Care ($379k), Hopewell Senior Day Care Center ($379k) and Traron Center ($379k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $71k. At year end it held assets of $365k against liabilities of $2,850, net assets of $362k. It reported 1 employees.