Ark Dothan Inc

Analysis

Ark Dothan Inc is a registered charity in United States, based in Dothan, AL. It received its IRS tax-exemption ruling in July 2008, 18 years ago. 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 Dothan Inc reported income of $1.1m and spending of $1.0m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $809k to $1.1m (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ark Dothan Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within AL. Charities of a similar size with the same main cause include Learning Adventures Child Care Center ($1.1m), Habitat for Humanity International Inc ($1.1m) and Young Mens Christian Association of Danville Ill ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 18% of the total. Other salaries and wages came to $42k. At year end it held assets of $835k against liabilities of $510k, net assets of $324k. It reported 1 employees.