The Arkansas Northeastern College Foundation

Analysis

The Arkansas Northeastern College Foundation is a registered charity in United States, based in Blytheville, AR. It received its IRS tax-exemption ruling in October 1979, 47 years ago. 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 2024, The Arkansas Northeastern College Foundation reported income of $928k and spending of $568k, leaving 39% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $832k to $928k (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2023, when income rose by 102%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Arkansas Northeastern College Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within AR. Charities of a similar size with the same main cause include Edina Swim Club Inc ($928k), Lansingburgh Boys and Girls Club in ($928k) and 437 Essex Inc ($928k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 32% of the total. At year end it held assets of $8.6m against liabilities of $0, net assets of $8.6m.