Arkansas Valley Resource Center Inc

Analysis

Arkansas Valley Resource Center Inc is a registered charity in United States, based in Las Animas, CO. It received its IRS tax-exemption ruling in April 1988, 38 years ago. 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, Arkansas Valley Resource Center Inc reported income of $625k and spending of $558k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $375k to $625k (+66%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arkansas Valley Resource Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CO. Charities of a similar size with the same main cause include St Francis Seraph Ministries ($625k), Family Action Network ($625k) and FMW Medspa Inc ($625k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $94k (17% of expenses). Other salaries and wages came to $214k. At year end it held assets of $503k against liabilities of $22k, net assets of $482k. It reported 8 employees.