The University of Arkansas Fort Smith Foundation Inc

Analysis

The University of Arkansas Fort Smith Foundation Inc is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in January 1975, 51 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, The University of Arkansas Fort Smith Foundation Inc reported income of $15.6m and spending of $4.9m, leaving 68% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.1m to $15.6m (+209%), an average of +46% a year. The sharpest change came in the year to June 2021, when income rose by 719%. Over the whole period it spent 27% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The University of Arkansas Fort Smith Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within AR. Charities of a similar size with the same main cause include Trustees of the Public Library of the City of Boston ($15.6m), Washington Yu Ying Public Charter School ($15.6m) and South Buffalo Charter School ($15.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. It paid $194k in professional fundraising fees. At year end it held assets of $135.0m against liabilities of $698k, net assets of $134.3m.