Childrens Ark at St Georges Ltd

Analysis

Childrens Ark at St Georges Ltd is a registered charity in United States, based in Ardmore, PA. It received its IRS tax-exemption ruling in July 1996, 30 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 August 2023, Childrens Ark at St Georges Ltd reported income of $1.7m and spending of $1.8m, spending 110% of what it took in. Across the 6 years on record, from December 2018 to August 2023, income grew from $1.3m to $1.7m (+27%), an average of +4.9% a year. The sharpest change came in the year to August 2021, when income rose by 146%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Ark at St Georges Ltd sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Mirror Ministries ($1.7m), Pops Foundation ($1.7m) and Baptist Homes Foundation ($1.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 8.2% and program service revenue 91% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $930k against liabilities of $540k, net assets of $391k. It reported 36 employees.