Northeast Arkansas Charitable Foundation Inc

Analysis

Northeast Arkansas Charitable Foundation Inc is a registered charity in United States, based in Newport, AR. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Northeast Arkansas Charitable Foundation Inc reported income of $389k and spending of $102k, leaving 74% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $185k to $389k (+111%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 124%. Over the whole period it spent 41% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northeast Arkansas Charitable Foundation Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within AR. Charities of a similar size with the same main cause include Battlefield High School Athletic Booster Club ($389k), LA Porte Education Foundation ($389k) and Foundation of the Consortium of Multiple Sclerosis Centers ($389k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $5,400 (5.3% of expenses). At year end it held assets of $1.6m against liabilities of $125, net assets of $1.6m. It reported 1 employees.