Arrowhead Center Inc

Analysis

Arrowhead Center Inc is a registered charity in United States, based in Las Cruces, NM. It received its IRS tax-exemption ruling in December 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Arrowhead Center Inc reported income of $1.1m and spending of $798k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $876k to $1.1m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arrowhead Center Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within NM. Charities of a similar size with the same main cause include Field Ready Inc ($1.1m), Roofers Local No 96 Apprentice Training Fund ($1.1m) and Williamson County Soccer Association ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 101% of the total. Other salaries and wages came to $301k. At year end it held assets of $16.1m against liabilities of $14.1m, net assets of $2.0m. It reported 3 employees.