Holy Ark Church

Analysis

Holy Ark Church is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Holy Ark Church reported income of $165k and spending of $73k, leaving 56% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $226k to $165k (-27%), an average of -14% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 48% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Holy Ark Church sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Pure in Heart Fund ($165k), Fathers Ministries Inc ($165k) and Job 4 4 Ministries ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $514k against liabilities of $0, net assets of $514k.