Armchairedclockhours

Analysis

Armchairedclockhours is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Armchairedclockhours reported income of $50k and spending of $80k, spending 160% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $84k to $50k (-40%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Armchairedclockhours sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 14th percentile within WA. Charities of a similar size with the same main cause include Barnesville Boosters Club ($50k), Oklahoma Rural Water Enrichment Foundation ($50k) and Crestmont Parent-Teacher Club ($50k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $65k. At year end it held assets of $111k against liabilities of $37k, net assets of $74k.