The Ark of Decatur County Inc

Analysis

The Ark of Decatur County Inc is a registered charity in United States, based in Greensburg, IN. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, The Ark of Decatur County Inc reported income of $88k and spending of $76k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $88k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Ark of Decatur County Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within IN. Charities of a similar size with the same main cause include Somerville Place Inc ($88k), Maxcen Housing Society New Jersey Branch Inc ($88k) and Mother Teresa House Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. At year end it held assets of $206k against liabilities of $75k, net assets of $131k.