North Arkansas Medical Foundation

Analysis

North Arkansas Medical Foundation 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 Foundation reported income of $126k and spending of $134k, spending 106% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $147k to $126k (-14%), an average of -3.8% a year. The sharpest change came in the year to March 2022, when income rose by 214%. Over the whole period it spent 76% 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 Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within AR. Charities of a similar size with the same main cause include Ventura County Professional Firefighters Assoc Charity Fund ($126k), Brighter Choice Foundation Inc ($126k) and Faithful Stewards Inc ($126k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $40k. At year end it held assets of $1.2m against liabilities of $9,203, net assets of $1.2m.