Kids Ark International Inc

Analysis

Kids Ark International Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 August 2023, Kids Ark International Inc reported income of $530k and spending of $689k, spending 130% of what it took in. Across the 6 years on record, from August 2018 to August 2023, income grew from $273k to $530k (+94%), an average of +14% a year. The sharpest change came in the year to August 2020, when income rose by 144%. Over the whole period it spent 82% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Kids Ark International Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include M K Gandhi Institute for Non-Violence ($529k), Discipling Marketplace Leaders ($530k) and International Accountability Project ($529k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $85k (12% of expenses). Other salaries and wages came to $80k. At year end it held assets of $1.2m against liabilities of $541k, net assets of $673k. It reported 3 employees.