Literacy Action of Central Arkansas Inc

Analysis

Literacy Action of Central Arkansas Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in December 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Literacy Action of Central Arkansas Inc reported income of $251k and spending of $202k, spending 80% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $286k to $251k (-12%), an average of -2.6% a year. The sharpest change came in the year to June 2024, when income rose by 41%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Literacy Action of Central Arkansas Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within AR. Charities of a similar size with the same main cause include Coalition for Physician Well Being Inc ($251k), Brunswick Athletic Foundation ($251k) and Association of Paroling Authorities International ($251k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $110k. At year end it held assets of $81k against liabilities of $6,258, net assets of $75k. It reported 4 employees.