Ark of the City Incoporated

Analysis

Ark of the City Incoporated is a registered charity in United States, based in Hollywood, FL. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 of the City Incoporated reported income of $321k and spending of $402k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $209k to $321k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 115% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Ark of the City Incoporated sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Comic Book Legal Defense Fund Inc ($321k), Hero House the Childrens Advocacy Center of Colquitt County Inc ($321k) and Baltimore Bar Foundation Inc ($321k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $82k in professional fundraising fees. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.