Community Services Office of Hot Springs and Garland County Arkansa

Analysis

Community Services Office of Hot Springs and Garland County Arkansa is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in February 1967, 59 years ago. 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 2023, Community Services Office of Hot Springs and Garland County Arkansa reported income of $16.2m and spending of $15.9m, spending 98% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $14.9m to $16.2m (+8.8%), an average of +2.9% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Services Office of Hot Springs and Garland County Arkansa sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within AR. Charities of a similar size with the same main cause include Alegent Health-Memorial Hospital Schuyler ($16.2m), Western Wall Heritage Foundation Inc ($16.2m) and United Way of Greater Richmond ($16.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $284k (1.8% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $3.8m against liabilities of $367k, net assets of $3.5m. It reported 192 employees.