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University of Central Arkansas Foundation Inc

RegisteredEIN 71-0550590Conway, AREducation and training
Income$21.6m2023-06
Spending$9.3msame year
Spent / received64%4-year average
Size in its cause96th pctEducation and training
Exempt since1989Publicly supported organisat
Employees0latest return

Analysis

University of Central Arkansas Foundation Inc is a registered charity in United States, based in Conway, AR. It received its IRS tax-exemption ruling in December 1989, 37 years ago. Its declared purposes cover education, which this site groups under education and training. 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, University of Central Arkansas Foundation Inc reported income of $21.6m and spending of $9.3m, leaving 57% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $30.6m to $21.6m (-29%), an average of -11% a year. The sharpest change came in the year to June 2023, when income rose by 66%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Central Arkansas Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within AR. Charities of a similar size with the same main cause include Medical Learning Institute Inc ($21.6m), LTTS Charter School Inc ($21.6m) and West Texas a & M University Foundation ($21.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% of the total. Other salaries and wages came to $392k. It paid $28k in professional fundraising fees. At year end it held assets of $90.8m against liabilities of $11.8m, net assets of $79.0m.

Income and spending

$0$7.6m$15.3m$22.9m$30.6m2020 Income: $30,564,5522020 Spending: $27,439,35620202021 Income: $15,877,4562021 Spending: $6,744,59820212022 Income: $12,983,1672022 Spending: $8,291,40320222023 Income: $21,563,7282023 Spending: $9,280,3712023
IncomeSpending

Where the income comes from

  • Contributions & grants 86%
  • Other 14%

Similar-sized charities, same cause

CharityLocationIncome
Medical Learning Institute IncTarpon SPGS$21.6m
LTTS Charter School IncIrving$21.6m
West Texas a & M University FoundationCanyon$21.6m
James Madison University Foundation IncHarrisonburg$21.6m