Arkansas Alumni Association Inc

Analysis

Arkansas Alumni Association Inc is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in January 1991, 35 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 Alumni Association Inc reported income of $2.9m and spending of $2.4m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $2.9m (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arkansas Alumni Association 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 89th percentile, and in the 89th percentile within AR. Charities of a similar size with the same main cause include Ladder Up ($2.9m), Education in Action ($2.9m) and Montessori Childrens Center Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 4.3% of the total. Other salaries and wages came to $103k. At year end it held assets of $18.3m against liabilities of $1.5m, net assets of $16.8m.