Armer Foundation for Kids

Analysis

Armer Foundation for Kids is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Armer Foundation for Kids reported income of $182k and spending of $116k, leaving 36% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $264k to $182k (-31%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Armer Foundation for Kids sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within AZ. Charities of a similar size with the same main cause include Doug Meyer Legacy Foundation ($182k), Preston Group of Alcoholics Anonymous ($182k) and Curears ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $37k (32% of expenses). It paid $2,499 in professional fundraising fees. At year end it held assets of $216k against liabilities of $511, net assets of $216k. It reported 1 employees.