Economics Arkansas Foundation

Analysis

Economics Arkansas Foundation is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2023, Economics Arkansas Foundation reported income of $228k and spending of $150k, leaving 34% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $77k to $228k (+195%), an average of +31% a year. The sharpest change came in the year to May 2022, when income rose by 230%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Economics Arkansas Foundation sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within AR. Charities of a similar size with the same main cause include Grosse Pointe Library Foundation ($228k), International Language Testing Association ($228k) and Union University of California ($228k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 65% of the total. Compensation of current officers, directors and key employees was $10k (6.7% of expenses). Other salaries and wages came to $3,018. At year end it held assets of $3.4m against liabilities of $52k, net assets of $3.3m.