Arkansas Baptist Assembly

Analysis

Arkansas Baptist Assembly is a registered charity in United States, based in Siloam SPGS, AR. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Arkansas Baptist Assembly reported income of $3.6m and spending of $3.3m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.6m (+28%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Arkansas Baptist Assembly sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within AR. Charities of a similar size with the same main cause include Jewish Educational Media ($3.6m), If Gathering ($3.6m) and Mission Southside Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $128k (3.8% of expenses). Other salaries and wages came to $774k. At year end it held assets of $8.1m against liabilities of $749k, net assets of $7.3m. It reported 103 employees.