Armour Families Inc

Analysis

Armour Families Inc is a registered charity in United States, based in Roslyn, NY. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Armour Families Inc reported income of $67k and spending of $122k, spending 183% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $71k to $67k (-6.4%), an average of -6.4% a year. Over the whole period it spent 130% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Armour Families Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include The Bountiful House ($67k), Eduserc ($67k) and Bee Generous ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.