Springdale Benevolent Foundation

Analysis

Springdale Benevolent Foundation is a registered charity in United States, based in Springdale, AR. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Springdale Benevolent Foundation reported income of $1.3m and spending of $1.3m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $140k to $1.3m (+804%), an average of +73% a year. The sharpest change came in the year to December 2021, when income rose by 564%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Springdale Benevolent Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within AR. Charities of a similar size with the same main cause include United States Twirling Association Inc ($1.3m), Texas USA Wrestling ($1.3m) and Florida Trail Association Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $77k (5.7% of expenses). At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.