Arkansas Community Institute
Analysis
Arkansas Community Institute is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in May 1987, 39 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2024, Arkansas Community Institute reported income of $392k and spending of $474k, spending 121% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $213k to $392k (+84%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 64%. Over the whole period it spent 102% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Arkansas Community Institute sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within AR. Charities of a similar size with the same main cause include Sebring Housing Research and Development Inc ($392k), Riese St Gerard Housing Corp ($392k) and Assisi Homes of Neenah Inc ($392k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $14k (2.9% of expenses). Other salaries and wages came to $279k. At year end it held assets of $36k against liabilities of $0, net assets of $36k. It reported 19 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sebring Housing Research and Development Inc | Leesburg | $392k |
| Riese St Gerard Housing Corp | Paterson | $392k |
| Assisi Homes of Neenah Inc | Denver | $392k |
| Housing Initiatives of Princeton Charitable TR | Princeton | $392k |