North Arkansas Medical Services

Analysis

North Arkansas Medical Services is a registered charity in United States, based in Harrison, AR. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 March 2023, North Arkansas Medical Services reported income of $1.8m and spending of $726k, leaving 61% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $305k to $1.8m (+502%), an average of +57% a year. The sharpest change came in the year to March 2021, when income rose by 140%. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, North Arkansas Medical Services sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within AR. Charities of a similar size with the same main cause include Dallas Social Venture Partners ($1.8m), Munger Tolles & Olson Foundation ($1.8m) and Lakeville Hockey Association ($1.8m).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 16% of the total. At year end it held assets of $18.8m against liabilities of $13.9m, net assets of $5.0m.