Animal Ark Inc

Analysis

Animal Ark Inc is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in April 1986, 40 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Animal Ark Inc reported income of $1.7m and spending of $962k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $976k to $1.7m (+70%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 82% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Animal Ark Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NV. Charities of a similar size with the same main cause include Retired Police Canine Foundation Inc ($1.7m), Spay Neuter Inject Protect Sanantonio ($1.7m) and Free to Live Incorporated ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $57k (5.9% of expenses). Other salaries and wages came to $408k. At year end it held assets of $2.8m against liabilities of $36k, net assets of $2.8m. It reported 19 employees.