Ark Community Resource & Assistance Center

Analysis

Ark Community Resource & Assistance Center is a registered charity in United States, based in Pegram, TN. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ark Community Resource & Assistance Center reported income of $519k and spending of $567k, spending 109% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $481k to $519k (+7.8%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ark Community Resource & Assistance Center sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within TN. Charities of a similar size with the same main cause include Childrens Place Inc ($519k), Community Services of Starke County Inc ($519k) and Equine Dreams ($519k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $115k. At year end it held assets of $967k against liabilities of $1,463, net assets of $966k. It reported 11 employees.