Southern Arkansas University Foundation Inc

Analysis

Southern Arkansas University Foundation Inc is a registered charity in United States, based in Magnolia, AR. It received its IRS tax-exemption ruling in July 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southern Arkansas University Foundation Inc reported income of $6.6m and spending of $4.7m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.3m to $6.6m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southern Arkansas University Foundation Inc sits at the 91st percentile: it is larger than about 91% 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 United Christian Academy Foundation ($6.6m), Public Education & Business Coalition ($6.6m) and Highland Prep ($6.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $46.7m against liabilities of $0, net assets of $46.7m.