Siloam Springs Adult Development Center Fund Inc

Analysis

Siloam Springs Adult Development Center Fund Inc is a registered charity in United States, based in Siloam SPGS, AR. It received its IRS tax-exemption ruling in December 1976, 50 years ago. 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 2024, Siloam Springs Adult Development Center Fund Inc reported income of $61k and spending of $91k, spending 149% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $90k to $61k (-32%), an average of -18% a year. The sharpest change came in the year to June 2024, when income dropped by 24%. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Siloam Springs Adult Development Center Fund Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within AR. Charities of a similar size with the same main cause include Hutchinson Theatre Guild ($61k), Destination Imagination Inc ($61k) and Geof Jackson Ministries Inc ($61k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $71k against liabilities of $2,636, net assets of $68k.