Arkansas Association of Student Assistance Programs Inc

Analysis

Arkansas Association of Student Assistance Programs Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in January 2009, 17 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 Association of Student Assistance Programs Inc reported income of $73k and spending of $87k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $73k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arkansas Association of Student Assistance Programs Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within AR. Charities of a similar size with the same main cause include Cpe of Central California ($73k), Lake Travis Project Graduation ($73k) and Hillsboro Historical Society ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.