Pack Shack of Northwest Arkansas

Analysis

Pack Shack of Northwest Arkansas is a registered charity in United States, based in Cave Springs, AR. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Pack Shack of Northwest Arkansas reported income of $2.6m and spending of $2.6m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.6m (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pack Shack of Northwest 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 88th percentile, and in the 88th percentile within AR. Charities of a similar size with the same main cause include Family Promise of Northern New Castle County Inc ($2.6m), Uniting Hope for Children Inc ($2.6m) and S a F E Housing Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $453k. At year end it held assets of $588k against liabilities of $830k, net assets of -$242k. It reported 8 employees.