Northwest Arkansas Council Foundation

Analysis

Northwest Arkansas Council Foundation is a registered charity in United States, based in Springdale, AR. It received its IRS tax-exemption ruling in February 2014, 12 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 supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northwest Arkansas Council Foundation reported income of $17.0m and spending of $12.6m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.9m to $17.0m (+246%), an average of +36% a year. The sharpest change came in the year to December 2020, when income rose by 163%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northwest Arkansas Council Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within AR. Charities of a similar size with the same main cause include Evas Village Inc ($17.0m), Commission on Economic Opportunity for the Rensselaer County Area Inc ($17.1m) and Mmac Community Support Foundation Inc ($17.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $14.9m against liabilities of $1.9m, net assets of $13.0m.