Arkansas Advanced Energy Foundation Inc

Analysis

Arkansas Advanced Energy Foundation Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Arkansas Advanced Energy Foundation Inc reported income of $452k and spending of $289k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $125k to $452k (+263%), an average of +90% a year. The sharpest change came in the year to December 2023, when income rose by 307%. Over the whole period it spent 89% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Arkansas Advanced Energy Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within AR. Charities of a similar size with the same main cause include Virginia United Land Trusts ($451k), Ocean Reef Conservation Association Inc ($452k) and Magnificent Missouri Inc ($451k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $88k (30% of expenses). Other salaries and wages came to $20k. At year end it held assets of $225k against liabilities of $676, net assets of $224k.