Noahs Arc Foundation

Analysis

Noahs Arc Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Noahs Arc Foundation reported income of $1.2m and spending of $1.3m, spending 112% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $110k to $1.2m (+964%), an average of +226% a year. The sharpest change came in the year to December 2023, when income rose by 1851%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Noahs Arc Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include National Society of the Colonial Dames of America in the State of G ($1.2m), Virginia Music Educators Association Inc ($1.2m) and Aviation Unmanned Vehicle Museum Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. At year end it held assets of $850k against liabilities of $950k, net assets of -$100k.