The Ark Christian Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,144,126 | 992,052 | 152,074 | 26.8 | 36% |
| 2020 | 1,054,796 | 836,897 | 217,899 | 35.9 | 41% |
| 2021 | 1,337,062 | 1,046,243 | 290,819 | 32.1 | 33% |
| 2022 | 1,204,418 | 981,699 | 222,719 | 36.9 | 39% |
| 2023 | 1,242,851 | 1,218,746 | 24,105 | 29.8 | 43% |
In its most recent public year (2023), this organization brought in $24,105 more than it spent. Its reserves stood at about 29.8 months of spending, up from 26.8 in 2019. Staff pay was 43% of spending. $25,069 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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