Arkansas Rural Endowment Fund Inc

Analysis

Arkansas Rural Endowment Fund Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in January 1971, 55 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, Arkansas Rural Endowment Fund Inc reported income of $1.2m and spending of $750k, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $1.2m (-7.6%), an average of -1.9% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arkansas Rural Endowment Fund Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within AR. Charities of a similar size with the same main cause include Essex Library Association Inc ($1.2m), Upper Darby Arts and Education Foundation Inc ($1.2m) and TVS the Village School ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 74% of the total. Compensation of current officers, directors and key employees was $110k (15% of expenses). Other salaries and wages came to $269k. At year end it held assets of $31.3m against liabilities of $178k, net assets of $31.1m. It reported 6 employees.