WTS Arkansas

Analysis

WTS Arkansas is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, WTS Arkansas reported income of $107k and spending of $99k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $107k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, WTS Arkansas sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within AR. Charities of a similar size with the same main cause include R&r Partners Foundation Inc ($106k), Medford Curling Club ($107k) and Aberdeen Main Street Inc ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 109% and program service revenue 3.1% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.