Arkansas Construction Education Foundation

Analysis

Arkansas Construction Education Foundation is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in February 1995, 31 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, Arkansas Construction Education Foundation reported income of $1.6m and spending of $1.7m, spending 109% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $1.6m (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2023, when income rose by 73%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arkansas Construction Education Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within AR. Charities of a similar size with the same main cause include Clarke School Foundation Inc ($1.6m), Progeny Academy Inc ($1.6m) and Competent Educational Services Inc ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 72% of the total. Other salaries and wages came to $666k. At year end it held assets of $1.9m against liabilities of $432k, net assets of $1.4m. It reported 72 employees.