Artisans Ark
Analysis
Artisans Ark is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover employment, which this site groups under community and economic 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 June 2024, Artisans Ark reported income of $2.6m and spending of $2.1m, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $2.6m (+134%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 83% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Artisans Ark sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WA. Charities of a similar size with the same main cause include Laborers Local 17 Educational & Training Fund ($2.6m), Communities United ($2.6m) and Cleaners Extraordinaire ($2.6m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 6.3% of the total. Compensation of current officers, directors and key employees was $225k (11% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.7m against liabilities of $800k, net assets of $1.9m. It reported 77 employees.
Income and spending
Where the income comes from
- Contributions & grants 93%
- Program services 6.3%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Laborers Local 17 Educational & Training Fund | Newburgh | $2.6m |
| Communities United | Chicago | $2.6m |
| Cleaners Extraordinaire | Springfield | $2.6m |
| Agc International Union of Oprtng Engnrs 701 TRNG Trust Fund | Gladstone | $2.6m |