Arkansas Childrens Inc
Analysis
Arkansas Childrens Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Arkansas Childrens Inc reported income of $32.5m and spending of $36.0m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $22.7m to $32.5m (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 110% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Arkansas Childrens Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within AR. Charities of a similar size with the same main cause include Community Connections ($32.4m), Wakemed ($32.5m) and Indiana Healthcare Physician Services Inc ($32.4m).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $8.5m (24% of expenses). Other salaries and wages came to $14.5m. At year end it held assets of $8.6m against liabilities of $31.3m, net assets of -$22.7m. It reported 122 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Community Connections | Washington | $32.4m |
| Wakemed | Raleigh | $32.5m |
| Indiana Healthcare Physician Services Inc | Indiana | $32.4m |
| Sterling Health Solutions Inc | Mt Sterling | $32.5m |