Arklatex 100 Club

Analysis

Arklatex 100 Club is a registered charity in United States, based in Texarkana, TX. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Arklatex 100 Club reported income of $223k and spending of $270k, spending 121% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $216k to $223k (+3.2%), an average of +1.1% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arklatex 100 Club sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Ky Wounded Heroes Inc ($223k), Centro de Ayuda Inc ($223k) and Matthew 25 35 Ministries ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.