Arkansas Tech University Foundation

Analysis

Arkansas Tech University Foundation is a registered charity in United States, based in Russellville, AR. It received its IRS tax-exemption ruling in April 1982, 44 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 2024, Arkansas Tech University Foundation reported income of $9.6m and spending of $6.3m, leaving 35% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $8.9m to $9.6m (+7.6%), an average of +1.5% a year. The sharpest change came in the year to June 2024, when income rose by 429%. Over the whole period it spent 40% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arkansas Tech University Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within AR. Charities of a similar size with the same main cause include Language Academy of Sacramento ($9.6m), Califa Group ($9.6m) and East Bay Montessori ($9.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% of the total. Other salaries and wages came to $614k. It paid $51k in professional fundraising fees. At year end it held assets of $63.9m against liabilities of $9.0m, net assets of $54.9m.