The Methodist Foundation for Arkansas

Analysis

The Methodist Foundation for Arkansas is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, The Methodist Foundation for Arkansas reported income of $6.0m and spending of $3.6m, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.9m to $6.0m (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2020, when income rose by 165%. Over the whole period it spent 36% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Methodist Foundation for Arkansas sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within AR. Charities of a similar size with the same main cause include Congregations Organized for Prophetic Engagement ($6.0m), Haven Foundation ($6.0m) and Abundant Rain Ministries Inc ($6.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $484k (13% of expenses). Other salaries and wages came to $498k. At year end it held assets of $217.0m against liabilities of $112.5m, net assets of $104.6m. It reported 11 employees.