Forward Arkansas

Analysis

Forward Arkansas is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in January 2017, 9 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 December 2023, Forward Arkansas reported income of $3.0m and spending of $3.9m, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $3.0m (+170%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 156%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Forward Arkansas sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within AR. Charities of a similar size with the same main cause include Bet Midrash Ohel Torah ($3.0m), Women in Sports and Events Inc ($3.0m) and Presbyterian College Real Estate Foundation ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $148k. At year end it held assets of $2.3m against liabilities of $892k, net assets of $1.4m. It reported 7 employees.