Arrowhead Business Group Foundation Inc

Analysis

Arrowhead Business Group Foundation Inc is a registered charity in United States, based in Whiteriver, AZ. It received its IRS tax-exemption ruling in September 2024, 2 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2021, Arrowhead Business Group Foundation Inc reported income of $226k and spending of $216k, spending 96% of its income. Across the 4 years on record, from December 2018 to December 2021, income grew from $215k to $226k (+4.8%), an average of +1.6% a year. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Arrowhead Business Group Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within AZ. Charities of a similar size with the same main cause include Convene International Ministries Inc ($226k), Timberline Adult Day Services ($226k) and Center for Jobs and the Economy ($226k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 17% and program service revenue 83% of the total. Other salaries and wages came to $18k. At year end it held assets of $129k against liabilities of $1,238, net assets of $128k. It reported 5 employees.