Northcentral Arkansas Development Council Inc 9th & Oak STS

Analysis

Northcentral Arkansas Development Council Inc 9th & Oak STS is a registered charity in United States, based in Batesville, AR. It received its IRS tax-exemption ruling in December 1966, 60 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 February 2024, Northcentral Arkansas Development Council Inc 9th & Oak STS reported income of $7.1m and spending of $7.0m, spending 98% of its income. Across the 5 years on record, from February 2020 to February 2024, income fell from $7.8m to $7.1m (-9.3%), an average of -2.4% a year. The sharpest change came in the year to February 2021, when income dropped by 20%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northcentral Arkansas Development Council Inc 9th & Oak STS sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within AR. Charities of a similar size with the same main cause include Carobell Inc ($7.1m), Nonviolence Works Inc ($7.1m) and Proyecto Pastoral ($7.1m).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 97% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $101k (1.5% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $5.5m against liabilities of $1.3m, net assets of $4.1m. It reported 124 employees.