Archa Corvus

Analysis

Archa Corvus is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in May 2021, 5 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, Archa Corvus reported income of $516k and spending of $911, leaving 100% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.4m to $516k (-63%), an average of -28% a year. The sharpest change came in the year to December 2021, when income dropped by 62%. Over the whole period it spent 0.1% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Archa Corvus sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within NV. Charities of a similar size with the same main cause include Shenango Treetops Inc ($516k), Pico Veteran Senior Citizen Housing Corporation ($516k) and Hogar de Envejecientes Ciriaco Sanchaz Inc ($515k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 204% of the total. At year end it held assets of $3.1m against liabilities of $56k, net assets of $3.0m.