Noahs Ark of Central Florida Inc

Analysis

Noahs Ark of Central Florida Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Noahs Ark of Central Florida Inc reported income of $670k and spending of $850k, spending 127% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $739k to $670k (-9.3%), an average of -3.2% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Noahs Ark of Central Florida Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Jays Hope Foundation Inc ($670k), Chuckies Place ($670k) and Toolbox Assessments Inc ($670k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 12% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $77k (9.1% of expenses). Other salaries and wages came to $314k. At year end it held assets of $5.3m against liabilities of $652k, net assets of $4.6m. It reported 12 employees.