Artvango Therapeutic Services Inc

Analysis

Artvango Therapeutic Services Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in December 2017, 9 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, Artvango Therapeutic Services Inc reported income of $420k and spending of $366k, spending 87% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $133k to $420k (+215%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Artvango Therapeutic Services Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Gothenburg Child Care Inc ($420k), Dallas Margarita Society Inc ($420k) and Forward Steps Foundation ($420k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $165k (45% of expenses). At year end it held assets of $137k against liabilities of $0, net assets of $137k. It reported 3 employees.