North Arkansas College Foundation Inc

Analysis

North Arkansas College Foundation Inc is a registered charity in United States, based in Harrison, AR. It received its IRS tax-exemption ruling in March 1977, 49 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, North Arkansas College Foundation Inc reported income of $1.5m and spending of $695k, leaving 55% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $716k to $1.5m (+114%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 304%. Over the whole period it spent 47% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Arkansas College Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within AR. Charities of a similar size with the same main cause include Montessori Academy of Chambersburg Inc ($1.5m), Prelude Preparatory Inc ($1.5m) and Claremont Parent-Faculty ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $14.4m against liabilities of $5.8m, net assets of $8.6m.