Arkansas Research Alliance

Analysis

Arkansas Research Alliance is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Arkansas Research Alliance reported income of $2.2m and spending of $1.8m, spending 82% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $2.5m to $2.2m (-12%), an average of -6.3% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Arkansas Research Alliance sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within AR. Charities of a similar size with the same main cause include Occupational Development Center Inc ($2.2m), Open Line Group Homes Inc ($2.2m) and Forward Careers Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 0.6% of the total. Other salaries and wages came to $377k. At year end it held assets of $3.4m against liabilities of $356k, net assets of $3.0m. It reported 2 employees.