Noah Arc Community Development Corporation Inc
Analysis
Noah Arc Community Development Corporation Inc is a registered charity in United States, based in Minden, LA. It received its IRS tax-exemption ruling in October 2015, 11 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 2022, Noah Arc Community Development Corporation Inc reported income of $1.2m and spending of $1.2m, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $200k to $1.2m (+505%), an average of +82% a year. The sharpest change came in the year to December 2020, when income rose by 665%. Over the whole period it spent 102% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Noah Arc Community Development Corporation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within LA. Charities of a similar size with the same main cause include Jem Foundation Inc ($1.2m), The Center for Integral Wisdom ($1.2m) and Church United in West Virginia ($1.2m).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $6.7m against liabilities of $444k, net assets of $6.3m.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Jem Foundation Inc | Brooklyn | $1.2m |
| The Center for Integral Wisdom | Ben Lomond | $1.2m |
| Church United in West Virginia | Mount Hope | $1.2m |
| St Francis Springs Prayer Center Inc | Stoneville | $1.2m |