Arkansas Society of Certified Public Accountants Student Loan Fu

Analysis

Arkansas Society of Certified Public Accountants Student Loan Fu is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in June 1964, 62 years ago. 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, Arkansas Society of Certified Public Accountants Student Loan Fu reported income of $67k and spending of $66k, spending 98% of its income. Across the 5 years on record, from March 2019 to March 2023, income fell from $102k to $67k (-34%), an average of -9.8% a year. The sharpest change came in the year to March 2022, when income dropped by 26%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arkansas Society of Certified Public Accountants Student Loan Fu sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within AR. Charities of a similar size with the same main cause include Reedley College Agriculture Backers Council ($67k), Body Mind Centering Association Inc ($67k) and League of Utah Writers ($67k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $1.5m against liabilities of $68k, net assets of $1.4m.