Arkansas Childrens Hospital Research Institute

Analysis

Arkansas Childrens Hospital Research Institute is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in January 1991, 35 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Arkansas Childrens Hospital Research Institute reported income of $46.5m and spending of $45.2m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $32.3m to $46.5m (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arkansas Childrens Hospital Research Institute sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within AR. Charities of a similar size with the same main cause include Native American Health Center Inc ($46.3m), Brooklyn Academy of Music Inc ($46.6m) and Mental Health America of Los Angeles ($46.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $1.3m (2.9% of expenses). Other salaries and wages came to $21.1m. At year end it held assets of $55.2m against liabilities of $28.0m, net assets of $27.1m. It reported 218 employees.