Arkansas Land and Farm Development Corp

Analysis

Arkansas Land and Farm Development Corp is a registered charity in United States, based in Brinkley, AR. It received its IRS tax-exemption ruling in April 1981, 45 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 September 2023, Arkansas Land and Farm Development Corp reported income of $426k and spending of $478k, spending 112% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $400k to $426k (+6.5%), an average of +1.6% a year. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arkansas Land and Farm Development Corp sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within AR. Charities of a similar size with the same main cause include Paws 4 Liberty ($426k), National Inclusion Project Inc ($426k) and Global Renewal Inc ($426k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.6% and program service revenue 51% of the total. Other salaries and wages came to $49k. At year end it held assets of $1.7m against liabilities of $2.5m, net assets of -$771k. It reported 12 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.