Immerse Arkansas

Analysis

Immerse Arkansas is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in October 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 December 2023, Immerse Arkansas reported income of $6.3m and spending of $3.4m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $6.3m (+150%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Immerse Arkansas sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within AR. Charities of a similar size with the same main cause include Journey Home Incorporated ($6.3m), Living Well Group Inc ($6.3m) and Bethesda Health Group Inc ($6.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $120k (3.6% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $9.9m against liabilities of $425k, net assets of $9.4m. It reported 42 employees.