Arkansas Association of Development Organizations

Analysis

Arkansas Association of Development Organizations is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in July 1975, 51 years ago. 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 May 2024, Arkansas Association of Development Organizations reported income of $119k and spending of $83k, leaving 30% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income fell from $161k to $119k (-26%), an average of -7.3% a year. The sharpest change came in the year to May 2021, when income dropped by 58%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arkansas Association of Development Organizations sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within AR. Charities of a similar size with the same main cause include Center for Policy Design ($119k), Lake Washington Toddler Group ($119k) and One World Chorus ($119k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $505k against liabilities of $165k, net assets of $340k.