Arrhythmia Technologies Institute

Analysis

Arrhythmia Technologies Institute is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in October 1989, 37 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Arrhythmia Technologies Institute reported income of $2.1m and spending of $1.8m, spending 86% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $1.4m to $2.1m (+48%), an average of +10% a year. The sharpest change came in the year to August 2022, when income rose by 43%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arrhythmia Technologies Institute sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within SC. Charities of a similar size with the same main cause include Citizens Care Day Care Center Inc ($2.1m), Police Athletic League of St ($2.1m) and Arizona Center for Youth Resources ($2.1m).

On its Form 990 for the period ending August 2024, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $572k (31% of expenses). Other salaries and wages came to $618k. At year end it held assets of $4.7m against liabilities of $12k, net assets of $4.7m. It reported 9 employees.