Northeast Arkansas Regional Library

Analysis

Northeast Arkansas Regional Library is a registered charity in United States, based in Paragould, AR. It received its IRS tax-exemption ruling in February 1992, 34 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, Northeast Arkansas Regional Library reported income of $175k and spending of $209k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $174k to $175k (+0.3%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northeast Arkansas Regional Library sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within AR. Charities of a similar size with the same main cause include Gailen & Cathy Reevers Center for Community Empowerment Inc ($175k), Music Parents Association of Downingtown Senior High School ($175k) and Little Imaginations Inc ($175k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $408k against liabilities of $0, net assets of $408k.