Ar Kids Read

Analysis

Ar Kids Read is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 June 2023, Ar Kids Read reported income of $482k and spending of $368k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $406k to $482k (+19%), an average of +4.3% a year. The sharpest change came in the year to June 2023, when income rose by 66%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ar Kids Read sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within AR. Charities of a similar size with the same main cause include Opportunity Scholars ($481k), How Our Lives Link Altogether ($482k) and Angel Street Inc ($481k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $83k (23% of expenses). Other salaries and wages came to $129k. At year end it held assets of $340k against liabilities of $14k, net assets of $326k. It reported 5 employees.