South Arkansas Historical Foundation

Analysis

South Arkansas Historical Foundation is a registered charity in United States, based in El Dorado, AR. It received its IRS tax-exemption ruling in August 1977, 49 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, South Arkansas Historical Foundation reported income of $370k and spending of $424k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $280k to $370k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 127% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Arkansas Historical Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within AR. Charities of a similar size with the same main cause include Carroll County Child Advocacy Center Inc ($370k), St Francis-St Joseph Catholic Worker House ($370k) and Sound Learning ($369k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $74k (17% of expenses). Other salaries and wages came to $40k. At year end it held assets of $8.1m against liabilities of $807k, net assets of $7.3m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.