University of Arkansas Foundation Inc

Analysis

University of Arkansas Foundation Inc is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in November 1956, 70 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, University of Arkansas Foundation Inc reported income of $131.4m and spending of $133.7m, spending 102% of its income. Across the 4 years on record, from June 2019 to June 2023, income fell from $200.0m to $131.4m (-34%), an average of -13% a year. The sharpest change came in the year to June 2022, when income dropped by 74%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Arkansas Foundation Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within AR. Charities of a similar size with the same main cause include Anderson University ($131.2m), St Josephs University ($132.0m) and Ashland University ($130.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% of the total. Compensation of current officers, directors and key employees was $1.5m (1.1% of expenses). Other salaries and wages came to $413k. At year end it held assets of $1.95bn against liabilities of $22.2m, net assets of $1.93bn. It reported 9 employees.