Graduate Arkansas Inc

Analysis

Graduate Arkansas Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Graduate Arkansas Inc reported income of $3.7m and spending of $1.8m, leaving 52% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $1.5m to $3.7m (+147%), an average of +35% a year. The sharpest change came in the year to June 2023, when income rose by 148%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Graduate Arkansas Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within AR. Charities of a similar size with the same main cause include The University of Virginias College at Wise Foundation Inc ($3.7m), Clackamas Academy of Industrial Sciences ($3.7m) and Waldorf School of Atlanta ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $114k (6.5% of expenses). Other salaries and wages came to $477k. At year end it held assets of $2.4m against liabilities of $42k, net assets of $2.3m. It reported 15 employees.