Noahs Ark Daycare Inc

Analysis

Noahs Ark Daycare Inc is a registered charity in United States, based in Sutherland, IA. It received its IRS tax-exemption ruling in October 2013, 13 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 December 2023, Noahs Ark Daycare Inc reported income of $212k and spending of $185k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $148k to $212k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Noahs Ark Daycare Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within IA. Charities of a similar size with the same main cause include Silver Spring Village Inc ($212k), National Association of Black Women Entrepreneurs ($212k) and C O C O a House Inc ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $23k (13% of expenses). Other salaries and wages came to $96k. At year end it held assets of $296k against liabilities of $202k, net assets of $93k. It reported 12 employees.