Midsouth Martial Arts

Analysis

Midsouth Martial Arts is a registered charity in United States, based in Searcy, AR. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Midsouth Martial Arts reported income of $443k and spending of $104k, leaving 77% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $443k (+636%), an average of +636% a year. The sharpest change came in the year to December 2023, when income rose by 636%. Over the whole period it spent 33% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Midsouth Martial Arts sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within AR. Charities of a similar size with the same main cause include Honeybear Daycare Center Inc ($443k), Mission House Inc ($443k) and Foundation of the Jewish Family & Childrens Services of Phila Inc ($443k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $340k against liabilities of $0, net assets of $340k.