St Francis Area Developement Center

Analysis

St Francis Area Developement Center is a registered charity in United States, based in Forrest City, AR. It received its IRS tax-exemption ruling in April 1976, 50 years ago. 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 June 2023, St Francis Area Developement Center reported income of $12.4m and spending of $8.9m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.7m to $12.4m (+119%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Francis Area Developement Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within AR. Charities of a similar size with the same main cause include Bethany Home Association of Lindsborg Kansas ($12.4m), Utah Health Information Network Incorporated ($12.4m) and Changelab Solutions ($12.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.7% and program service revenue 94% of the total. Other salaries and wages came to $5.6m. At year end it held assets of $9.0m against liabilities of $935k, net assets of $8.1m. It reported 424 employees.