Archers USA Foundation

Analysis

Archers USA Foundation is a registered charity in United States, based in Alma, AR. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Archers USA Foundation reported income of $62k and spending of $26k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $267k to $62k (-77%), an average of -31% a year. The sharpest change came in the year to December 2021, when income rose by 260%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Archers USA Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within AR. Charities of a similar size with the same main cause include Bobs Free Bikes ($62k), American Youth Football Inc ($62k) and Ashburn Athletic Association ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $20k (77% of expenses). At year end it held assets of $69k against liabilities of $0, net assets of $69k.