Arkansas Aims

Analysis

Arkansas Aims is a registered charity in United States, based in Conway, AR. It received its IRS tax-exemption ruling in September 2007, 19 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 July 2023, Arkansas Aims reported income of $1.2m and spending of $1.1m, spending 97% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.3m to $1.2m (-14%), an average of -3.6% a year. The sharpest change came in the year to July 2020, when income dropped by 28%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arkansas Aims sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within AR. Charities of a similar size with the same main cause include Common Wealth Charlotte ($1.2m), South Carolina First Steps to School Readiness Board of Trustees ($1.2m) and Genesis Christian School Inc ($1.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 46% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $125k (11% of expenses). Other salaries and wages came to $402k. At year end it held assets of $1.4m against liabilities of $128k, net assets of $1.3m. It reported 6 employees.