Arthur Project Inc

Analysis

Arthur Project Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2016, 10 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 June 2023, Arthur Project Inc reported income of $788k and spending of $958k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $538k to $788k (+46%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 154%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arthur Project Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Dalubhai Gopalbhai Patel Fund Inc ($788k), Delta House Inc ($789k) and Families First-Nc Inc ($788k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $123k (13% of expenses). Other salaries and wages came to $482k. At year end it held assets of $404k against liabilities of $24k, net assets of $380k. It reported 7 employees.