Arkbuilders Inc

Analysis

Arkbuilders Inc is a registered charity in United States, based in Reynoldsburg, OH. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Arkbuilders Inc reported income of $405k and spending of $413k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $182k to $405k (+123%), an average of +123% a year. The sharpest change came in the year to December 2023, when income rose by 123%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Arkbuilders Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Louisiana 4-H Foundation ($405k), Aerox Foundation ($405k) and Camp Lebanon Retreat Center ($405k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (15% of expenses). Other salaries and wages came to $99k. At year end it held assets of $57k against liabilities of $0, net assets of $57k. It reported 4 employees.