Ouachita Enrichment Centers Inc

Analysis

Ouachita Enrichment Centers Inc is a registered charity in United States, based in Camden, AR. It received its IRS tax-exemption ruling in July 1971, 55 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, Ouachita Enrichment Centers Inc reported income of $5.6m and spending of $5.2m, spending 93% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $4.3m to $5.6m (+32%), an average of +9.6% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ouachita Enrichment Centers Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within AR. Charities of a similar size with the same main cause include Nci Affiliates Inc ($5.6m), Life Skills Centers Inc ($5.6m) and Shascade Community Service Inc ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 81% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $7.1m against liabilities of $1.7m, net assets of $5.4m. It reported 109 employees.