Alma Education and Arts Foundation Inc

Analysis

Alma Education and Arts Foundation Inc is a registered charity in United States, based in Alma, AR. It received its IRS tax-exemption ruling in April 2002, 24 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 2023, Alma Education and Arts Foundation Inc reported income of $847k and spending of $944k, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $389k to $847k (+118%), an average of +30% a year. The sharpest change came in the year to June 2022, when income rose by 159%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alma Education and Arts Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within AR. Charities of a similar size with the same main cause include Middleburg Montessori School ($847k), Montessori School of the Bay Area ($847k) and Thorn Hill Education Center Foundation Inc ($847k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Other salaries and wages came to $22k. At year end it held assets of $923k against liabilities of $145k, net assets of $778k. It reported 1 employees.