Arrow Child & Family Ministries

Analysis

Arrow Child & Family Ministries is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Arrow Child & Family Ministries reported income of $53.8m and spending of $52.3m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $39.4m to $53.8m (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Arrow Child & Family Ministries sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Neighborhood Improvement Project Inc ($53.1m), Goodwill of Western and Northern Connecticut Inc ($53.9m) and Economic Development Partnership of North Carolina Inc ($52.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.8% and program service revenue 91% of the total. Other salaries and wages came to $20.1m. At year end it held assets of $19.7m against liabilities of $7.7m, net assets of $12.0m. It reported 629 employees.