Ar-Tx Redi

Analysis

Ar-Tx Redi is a registered charity in United States, based in Texarkana, TX. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Ar-Tx Redi reported income of $641k and spending of $660k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $825k to $641k (-22%), an average of -6.1% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ar-Tx Redi sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Monterra Community Fund ($640k), United Urban Indian Council Inc ($641k) and Tradeswoman Incorporated ($640k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 125% of the total. Compensation of current officers, directors and key employees was $418k (63% of expenses). Other salaries and wages came to $2,300. At year end it held assets of $999k against liabilities of $2, net assets of $999k. It reported 2 employees.