Ark Inc

Analysis

Ark Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in January 1984, 42 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 Inc reported income of $766k and spending of $542k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $457k to $766k (+68%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 78% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Ark Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within IN. Charities of a similar size with the same main cause include Los Angeles Sheriffs Foundation ($766k), Sunflower Childrens Collective Inc ($766k) and St Clair County Child Advocacy Center ($766k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $340k. At year end it held assets of $1.6m against liabilities of $95k, net assets of $1.5m. It reported 19 employees.