Ark Assessment Center and Emergency Shelter for Youth

Analysis

Ark Assessment Center and Emergency Shelter for Youth is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in March 1998, 28 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ark Assessment Center and Emergency Shelter for Youth reported income of $1.4m and spending of $1.2m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.8m to $1.4m (-24%), an average of -6.8% a year. The sharpest change came in the year to June 2023, when income dropped by 24%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ark Assessment Center and Emergency Shelter for Youth sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Skagit Council Housing ($1.4m), Clark Towers Inc ($1.4m) and The Russell House Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $617k. At year end it held assets of $2.5m against liabilities of $13k, net assets of $2.5m. It reported 29 employees.