Noahs Ark Day Care Center Inc

Analysis

Noahs Ark Day Care Center Inc is a registered charity in United States, based in Richmond, IN. It received its IRS tax-exemption ruling in December 1988, 38 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 June 2023, Noahs Ark Day Care Center Inc reported income of $295k and spending of $460k, spending 156% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $411k to $295k (-28%), an average of -7.9% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Noahs Ark Day Care Center Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IN. Charities of a similar size with the same main cause include Aurora Adult Daycare Center ($295k), Indiana School Nutrition Association Inc ($295k) and Christian Immigration Advocacy Center ($295k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.1% and program service revenue 95% of the total. Other salaries and wages came to $290k. At year end it held assets of $530k against liabilities of $71k, net assets of $459k. It reported 21 employees.