Our Ark

Analysis

Our Ark is a registered charity in United States, based in Lacey, WA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Our Ark reported income of $147k and spending of $171k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $147k (+59%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Our Ark sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within WA. Charities of a similar size with the same main cause include Rain Unlimited Inc ($147k), Kanes Gift Inc ($147k) and Athens Hockey Association Inc ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $11k, net assets of $3,875.