Southwest Arkansas Planning &

Analysis

Southwest Arkansas Planning & is a registered charity in United States, based in Magnolia, AR. It received its IRS tax-exemption ruling in February 1978, 48 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, Southwest Arkansas Planning & reported income of $2.1m and spending of $2.1m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.1m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Southwest Arkansas Planning & sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within AR. Charities of a similar size with the same main cause include Hope Community Builders ($2.1m), Adult Training & Habilitation Center Inc ($2.1m) and Spring Street Community Development ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $979k (46% of expenses). At year end it held assets of $2.1m against liabilities of $281k, net assets of $1.9m. It reported 30 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.