Maxs Ark Inc

Analysis

Maxs Ark Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Maxs Ark Inc reported income of $92k and spending of $92k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $68k to $92k (+36%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 100% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Maxs Ark Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Advocats ($92k), Fur Love Haven ($92k) and Second Chance Pet Adoptions Foundation ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 55% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.