Blytheville Ritz Foundation

Analysis

Blytheville Ritz Foundation is a registered charity in United States, based in Blytheville, AR. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Blytheville Ritz Foundation reported income of $155k and spending of $74k, leaving 52% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $54k to $155k (+189%), an average of +70% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 67% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Blytheville Ritz Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within AR. Charities of a similar size with the same main cause include Elios Charitable Foundation ($155k), Fort Pierce Jazz & Blues Society Inc ($155k) and Liberty Music Booster Association ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $105k against liabilities of $0, net assets of $105k.