XI Educational Foundation of Arkansas

Analysis

XI Educational Foundation of Arkansas is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 May 2024, XI Educational Foundation of Arkansas reported income of $113k and spending of $105k, spending 94% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $57k to $113k (+99%), an average of +19% a year. The sharpest change came in the year to May 2021, when income rose by 135%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, XI Educational Foundation of Arkansas sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within AR. Charities of a similar size with the same main cause include Blair County Chamber Foundation Inc ($113k), Two Rivers Main Street Inc ($113k) and Anchorra ($113k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 52% of the total. At year end it held assets of $941k against liabilities of $0, net assets of $941k.