Ark Institute of Learning

Analysis

Ark Institute of Learning is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Institute of Learning reported income of $1.1m and spending of $914k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $627k to $1.1m (+80%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ark Institute of Learning sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within WA. Charities of a similar size with the same main cause include Olney Christian School ($1.1m), Michigan Association Computer Users in Learning ($1.1m) and South Side Christian Academy ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $171k (19% of expenses). Other salaries and wages came to $259k. At year end it held assets of $1.6m against liabilities of $22k, net assets of $1.6m. It reported 10 employees.