Arkansas Oklahoma Regional Education & Promotion Assn Inc
Analysis
Arkansas Oklahoma Regional Education & Promotion Assn Inc is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in August 1975, 51 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Arkansas Oklahoma Regional Education & Promotion Assn Inc reported income of $2.7m and spending of $2.3m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.7m (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 263%. Over the whole period it spent 84% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Arkansas Oklahoma Regional Education & Promotion Assn Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within AR. Charities of a similar size with the same main cause include Goodwin Foundation Inc ($2.7m), Smithsonian Early Enrichment Center Inc ($2.7m) and Orinda Academy ($2.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 97% of the total. Other salaries and wages came to $311k. At year end it held assets of $5.0m against liabilities of $191k, net assets of $4.8m. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 2.2%
- Program services 97%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Goodwin Foundation Inc | East Hartford | $2.7m |
| Smithsonian Early Enrichment Center Inc | Washington | $2.7m |
| Orinda Academy | Orinda | $2.7m |
| Metropolitan Council for Educational Opportunity Metco Inc | Roxbury | $2.7m |