Northwest Arkansas Community College Foundation Inc

Analysis

Northwest Arkansas Community College Foundation Inc is a registered charity in United States, based in Bentonville, AR. It received its IRS tax-exemption ruling in October 1991, 35 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, Northwest Arkansas Community College Foundation Inc reported income of $2.0m and spending of $3.6m, spending 178% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.4m to $2.0m (-63%), an average of -22% a year. The sharpest change came in the year to June 2021, when income rose by 147%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northwest Arkansas Community College Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within AR. Charities of a similar size with the same main cause include Trinity Christian Academy of Cape Cod Inc ($2.0m), Fund for Teachers a Foundation to Recognize Stimulate and Enhance ($2.0m) and Woodland Charter School ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% of the total. Other salaries and wages came to $380k. At year end it held assets of $39.3m against liabilities of $9.9m, net assets of $29.4m.