Texarkana Resources for the Disabled Inc

Analysis

Texarkana Resources for the Disabled Inc is a registered charity in United States, based in Texarkana, AR. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2024, Texarkana Resources for the Disabled Inc reported income of $2.1m and spending of $2.1m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $2.1m (+84%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Texarkana Resources for the Disabled Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within AR. Charities of a similar size with the same main cause include National Career Academy Coalition Inc ($2.1m), Cooper Park Development Company ($2.1m) and Pennsylvania State Association of County Fairs ($2.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.5% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $67k (3.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.6m against liabilities of $436k, net assets of $2.2m. It reported 97 employees.