Arkansas Independent Colleges & Universities

Analysis

Arkansas Independent Colleges & Universities is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in December 1955, 71 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Arkansas Independent Colleges & Universities reported income of $502k and spending of $472k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $602k to $502k (-17%), an average of -4.5% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arkansas Independent Colleges & Universities sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within AR. Charities of a similar size with the same main cause include Danville Church Based Tutorial Program Inc ($502k), Fergus Falls 544 Educaton Foundation ($502k) and Zollikon Institute ($501k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $186k. At year end it held assets of $338k against liabilities of $26k, net assets of $312k. It reported 2 employees.