Little Rock Air Force Base Historical Foundation Inc

Analysis

Little Rock Air Force Base Historical Foundation Inc is a registered charity in United States, based in Jacksonville, AR. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Little Rock Air Force Base Historical Foundation Inc reported income of $223k and spending of $253k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $140k to $223k (+60%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Little Rock Air Force Base Historical Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within AR. Charities of a similar size with the same main cause include The Jazz Bakery Performance Space ($223k), Island County Historical Society ($223k) and Sing for America Foundation ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $62k. At year end it held assets of $743k against liabilities of $134k, net assets of $609k. It reported 2 employees.

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.