Old Kia Kima Preservation Association Inc

Analysis

Old Kia Kima Preservation Association Inc is a registered charity in United States, based in Newport, AR. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Old Kia Kima Preservation Association Inc reported income of $192k and spending of $81k, leaving 58% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income fell from $299k to $192k (-36%), an average of -8.5% a year. The sharpest change came in the year to December 2021, when income rose by 211%. Over the whole period it spent 38% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Old Kia Kima Preservation Association Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within AR. Charities of a similar size with the same main cause include Costume Connection ($192k), International Association of Music Libraries Archives &documentation ($192k) and Grand Junction Symphony Foundation Inc ($192k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 1.7% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.