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Arkansas Family Supports Inc

RegisteredEIN 81-0835060Fort Smith, ARPoverty relief
Income$12.0m2023-06
Spending$9.5msame year
Spent / received83%4-year average
Size in its cause95th pctPoverty relief
Exempt since2016Publicly supported organisat
Employees273latest return

Analysis

Arkansas Family Supports Inc is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Arkansas Family Supports Inc reported income of $12.0m and spending of $9.5m, leaving 21% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $7.5m to $12.0m (+59%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arkansas Family Supports Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within AR. Charities of a similar size with the same main cause include Hope Network ($12.0m), Chester County Food Bank ($12.0m) and Exceptional Foresters Incorporated ($12.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 73% of the total. Other salaries and wages came to $7.4m. At year end it held assets of $8.6m against liabilities of $610k, net assets of $8.0m. It reported 273 employees.

Income and spending

$0$3.0m$6.0m$9.0m$12.0m2020 Income: $7,536,7712020 Spending: $6,716,72020202021 Income: $9,198,9522021 Spending: $7,442,08620212022 Income: $9,109,3802022 Spending: $7,749,70220222023 Income: $11,979,9612023 Spending: $9,502,8852023
IncomeSpending

Where the income comes from

  • Contributions & grants 24%
  • Program services 73%
  • Other 2.6%

Similar-sized charities, same cause

CharityLocationIncome
Hope NetworkGrand Rapids$12.0m
Chester County Food BankExton$12.0m
Exceptional Foresters IncorporatedShelton$12.0m
Greater Philadelphia Community AlliancePhiladelphia$12.0m