Childrens Ark Inc

Analysis

Childrens Ark Inc is a registered charity in United States, based in Chamberlain, SD. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Childrens Ark Inc reported income of $123k and spending of $204k, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $152k to $123k (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Ark Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 38th percentile within SD. Charities of a similar size with the same main cause include Heart of the City Mission Foundation Inc ($123k), Todays Urban Renewal Network Inc ($123k) and Farms for Food Equity ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.3% and program service revenue 93% of the total. Other salaries and wages came to $136k. At year end it held assets of $217k against liabilities of $46k, net assets of $172k. It reported 9 employees.