Mount Sequoyah Center Inc

Analysis

Mount Sequoyah Center Inc is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2023, Mount Sequoyah Center Inc reported income of $1.9m and spending of $2.0m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $1.9m (+9.7%), an average of +2.3% a year. The sharpest change came in the year to December 2020, when income dropped by 25%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mount Sequoyah Center Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within AR. Charities of a similar size with the same main cause include St Paul Street Evangelization Inc ($1.9m), Benevolence Temple ($1.9m) and Sacred Spaces Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 78% of the total. Other salaries and wages came to $862k. It paid $350 in professional fundraising fees. At year end it held assets of $1.8m against liabilities of $854k, net assets of $960k.