Arkansas Elder Outreach of Little Rock Inc

Analysis

Arkansas Elder Outreach of Little Rock Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2022, Arkansas Elder Outreach of Little Rock Inc reported income of $78.3m and spending of $70.4m, spending 90% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $74.3m to $78.3m (+5.4%), an average of +1.8% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Arkansas Elder Outreach of Little Rock Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within LA. Charities of a similar size with the same main cause include Cardiovascular Research Foundation ($78.3m), Huntington Memorial Hospital Inc ($78.4m) and Selby General Hospital ($78.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 5.9% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $807k (1.1% of expenses). Other salaries and wages came to $27.9m. At year end it held assets of $56.6m against liabilities of $11.1m, net assets of $45.5m. It reported 1,157 employees.