Arkansas Library Association

Analysis

Arkansas Library Association is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in October 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Arkansas Library Association reported income of $108k and spending of $88k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $108k (+1.0%), an average of +1.0% a year. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arkansas Library Association sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within AR. Charities of a similar size with the same main cause include Friends of Mosquito Hill Inc ($108k), Dodger Playschool Inc ($108k) and Benton West City Ministerial Alliance ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $216k against liabilities of $0, net assets of $216k.