Henderson State University Foundation

Analysis

Henderson State University Foundation is a registered charity in United States, based in Arkadelphia, AR. It received its IRS tax-exemption ruling in October 2018, 8 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 June 2023, Henderson State University Foundation reported income of $1.5m and spending of $1.9m, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.0m to $1.5m (-52%), an average of -17% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Henderson State University Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within AR. Charities of a similar size with the same main cause include Firenuggets ($1.5m), Marin School for Gifted Education ($1.5m) and Plies ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $91k (4.9% of expenses). At year end it held assets of $26.4m against liabilities of $226k, net assets of $26.1m.