North Arkansas Senior Housing of Bull Shoals and Gravette Inc

Analysis

North Arkansas Senior Housing of Bull Shoals and Gravette Inc is a registered charity in United States, based in Harrison, AR. It received its IRS tax-exemption ruling in July 1991, 35 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, North Arkansas Senior Housing of Bull Shoals and Gravette Inc reported income of $284k and spending of $352k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $309k to $284k (-8.2%), an average of -2.1% a year. Over the whole period it spent 122% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, North Arkansas Senior Housing of Bull Shoals and Gravette Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within AR. Charities of a similar size with the same main cause include Spirithorse Therapeutic Riding Center ($284k), Share Inc ($284k) and Clinton Central School District Foundation ($284k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 39% of the total. Other salaries and wages came to $25k. At year end it held assets of $1.2m against liabilities of $1.1m, net assets of $45k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.