Archway Housing & Services Inc

Analysis

Archway Housing & Services Inc is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Archway Housing & Services Inc reported income of $3.2m and spending of $4.5m, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $3.2m (+55%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 104%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Archway Housing & Services Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CO. Charities of a similar size with the same main cause include San Jose Grail Family Services ($3.2m), Kingdom Builders Transitional Housing Program ($3.2m) and Bath Housing Development Corporation ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $804k (18% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $11.2m against liabilities of $3.9m, net assets of $7.4m. It reported 69 employees.