Desoto School Inc

Analysis

Desoto School Inc is a registered charity in United States, based in West Helena, AR. It received its IRS tax-exemption ruling in July 1970, 56 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Desoto School Inc reported income of $1.7m and spending of $1.7m, spending 98% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $1.3m to $1.7m (+37%), an average of +8.1% a year. The sharpest change came in the year to May 2021, when income rose by 30%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Desoto School Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within AR. Charities of a similar size with the same main cause include Loving Hearts Outreach Inc ($1.7m), Friends of India Network ($1.7m) and Disability Network Lakeshore ($1.7m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 5.4% and program service revenue 67% of the total. Other salaries and wages came to $836k. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m. It reported 39 employees.