Little Rock Chamber Foundation Term

Analysis

Little Rock Chamber Foundation Term is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in October 1975, 51 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Little Rock Chamber Foundation Term reported income of $771k and spending of $749k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $329k to $771k (+134%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 236%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Little Rock Chamber Foundation Term sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within AR. Charities of a similar size with the same main cause include Christian Business Mens Committee International Inc ($771k), Metairie Manor III Inc ($771k) and Safe Moves ($771k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.4m against liabilities of $34k, net assets of $3.4m.