Womens Foundation of Arkansas

Analysis

Womens Foundation of Arkansas is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in April 2002, 24 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 December 2023, Womens Foundation of Arkansas reported income of $2.1m and spending of $1.6m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $591k to $2.1m (+263%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Womens Foundation of Arkansas sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within AR. Charities of a similar size with the same main cause include Gulf Coast Economic Development District Inc ($2.1m), Ridc Mill 19a ($2.1m) and Institute for Community Economics Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $351k. It paid $44k in professional fundraising fees. At year end it held assets of $1.4m against liabilities of $28k, net assets of $1.4m. It reported 6 employees.