Ark-Tex Council of Governments

Analysis

Ark-Tex Council of Governments is a registered charity in United States, based in Texarkana, TX. It received its IRS tax-exemption ruling in October 1980, 46 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 September 2023, Ark-Tex Council of Governments reported income of $25.4m and spending of $24.2m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $18.1m to $25.4m (+40%), an average of +8.8% a year. The sharpest change came in the year to September 2021, when income rose by 33%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ark-Tex Council of Governments sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Winchester-Thurston School ($25.4m), Hospice of the Piedmont Inc ($25.4m) and Mary M Gooley Hemophilia Center Inc ($25.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $379k (1.6% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $14.3m against liabilities of $2.9m, net assets of $11.4m. It reported 126 employees.