Ark Youth Ministries

Analysis

Ark Youth Ministries is a registered charity in United States, based in St Augustine, FL. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Youth Ministries reported income of $265k and spending of $246k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $184k to $265k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ark Youth Ministries sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Better Life Ministries ($265k), Shiviti ($265k) and Brazilian Ag ($265k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $16k (6.4% of expenses). Other salaries and wages came to $61k. At year end it held assets of $535k against liabilities of $383k, net assets of $152k.