Natural State Advancement Institute

Analysis

Natural State Advancement Institute is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in May 2022, 4 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 June 2024, Natural State Advancement Institute reported income of $70k and spending of $53k, leaving 24% of income unspent that year. Across the 3 years on record, from June 2021 to June 2024, income grew from $35k to $70k (+100%), an average of +41% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Natural State Advancement Institute sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within AR. Charities of a similar size with the same main cause include California African American Action Fund ($70k), Economic Alliance Foundation Inc ($70k) and Partnership for Responsible Business ($70k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.