Central Arkansas Library System Foundation

Analysis

Central Arkansas Library System Foundation is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in August 2010, 16 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 December 2023, Central Arkansas Library System Foundation reported income of $828k and spending of $743k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $828k (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Arkansas Library System Foundation 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 77th percentile, and in the 78th percentile within AR. Charities of a similar size with the same main cause include Scholarship & Welfare Funds of Alumni Association of Hunter Colle ($828k), Bluegrass Community & Technical College Foundation Inc ($829k) and Learning Matters ($828k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $5.7m against liabilities of $7,646, net assets of $5.7m.