Arkansas Rural Ed Association
Analysis
Arkansas Rural Ed Association is a registered charity in United States, based in Conway, AR. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Arkansas Rural Ed Association reported income of $247k and spending of $170k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $102k to $247k (+141%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 298%. Over the whole period it spent 128% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Arkansas Rural Ed Association sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within AR. Charities of a similar size with the same main cause include HNS Conference ($247k), Core Scholars ($247k) and Hand in Hand Christian Preschool Inc ($247k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $76k (45% of expenses). Other salaries and wages came to $7,989. At year end it held assets of $401k against liabilities of $5,454, net assets of $395k. It reported 2 employees.
Income and spending
Where the income comes from
- Program services 98%
- Other 2.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| HNS Conference | Springfield | $247k |
| Core Scholars | Philadelphia | $247k |
| Hand in Hand Christian Preschool Inc | Yuma | $247k |
| South Carolina First Steps to School Readiness Board of Trustees | Greenwood | $247k |