Historic Preservation Alliance of Arkansas Inc

Analysis

Historic Preservation Alliance of Arkansas Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in July 1983, 43 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Historic Preservation Alliance of Arkansas Inc reported income of $121k and spending of $156k, spending 128% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $153k to $121k (-21%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Preservation Alliance of Arkansas Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within AR. Charities of a similar size with the same main cause include Korean American Society of Houston ($121k), Shirley Public Access Corporation ($121k) and Cambridge Dance Youth Program Inc ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 50% of the total. At year end it held assets of $366k against liabilities of $3,582, net assets of $362k.