Funding Retention & Incr Efforts for Not Econ Dev in Sevier Co Foun

Analysis

Funding Retention & Incr Efforts for Not Econ Dev in Sevier Co Foun is a registered charity in United States, based in De Queen, AR. It received its IRS tax-exemption ruling in December 2020, 6 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, Funding Retention & Incr Efforts for Not Econ Dev in Sevier Co Foun reported income of $191k and spending of $131k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $191k (+124%), an average of +124% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 74% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Funding Retention & Incr Efforts for Not Econ Dev in Sevier Co Foun sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within AR. Charities of a similar size with the same main cause include Leap Foundation Inc ($191k), Red Lodge Senior Citizens Club ($192k) and Third Place Inc ($191k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.