Arkansas Community Action Agencies Association Inc

Analysis

Arkansas Community Action Agencies Association Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in September 1980, 46 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending June 2023, Arkansas Community Action Agencies Association Inc reported income of $655k and spending of $693k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $379k to $655k (+73%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 88%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arkansas Community Action Agencies Association Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within AR. Charities of a similar size with the same main cause include Ligonier Valley Library Association ($655k), D a R Boys & Girls Club ($655k) and Lapd Devonshire Police Activity League Supporters ($655k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.7% of the total. Other salaries and wages came to $112k. At year end it held assets of $423k against liabilities of $299k, net assets of $125k. It reported 5 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.