Ark House Foundation

Analysis

Ark House Foundation is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Ark House Foundation reported income of $156k and spending of $158k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $148k to $156k (+5.5%), an average of +5.5% a year. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ark House Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include The Recovery Foundation ($156k), Licr Charitable Trust ($156k) and Tenzing Norgay Sherpa Foundation ($156k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $455k against liabilities of $0, net assets of $455k.