Ark Resources Limited — Religion Charity in Whakatane

Ark Resources Limited is a Company charity in the Religion sector, based in Whakatane, Whakatane. CharityData rates this charity C+ (66.8/100). Annual revenue: $2.3M NZD. Financial data as at March 2025.

Ark Resources Limited's finances are included in the consolidated accounts filed by Liberty Trust (CC11287). The registrations report largely the same money — adding their revenue together counts it twice.

Mission: The object for which the Company is established is solely to undertake activities and operations and provide services so as to further the charitable purposes of Liberty Trust, a body corporate pursuant to the Charitable Trusts Act 1957.

Registration Number
CC54208
Charity Type
Company
Registration Date
2016-12-03
Status
Active
CharityData Rating
C+ (66.8/100)
Sector
Religion
Location
Whakatane, Whakatane
Email
admin@arkresources.co.nz
Data as at
March 2025

Beneficiaries: Religious groups

Financial Summary

Total Revenue
$2.3M NZD
Total Expenses
$0.1M NZD
Total Assets
$31.0M NZD
Net Assets
$30.7M NZD
Reserve Months
163.2 months of operating expenses
Staff Count
3
Volunteers
0
Financial Year End
2025-03-31

Financial History

YearRevenueExpensesNet Assets
2025$2.3M$0.1M$30.7M
2024$2.5M$0.2M$28.5M
2023$0.0M$0.0M$0.0M
2022$0.0M$0.0M$0.0M
2021$0.0M$0.0M$0.0M
2020$0.0M$0.0M$0.0M
2019$0.0M$0.0M$0.0M
2018$0.0M$0.0M$0.0M
2017$0.0M$0.0M$0.0M

CharityData Rating

Overall Grade
C+
Overall Score
66.8/100
Financial Score
67.5
Governance Score
65
Transparency Score
65
Program Spending Ratio
0.2%

Board Members and Officers

Current Officers (4)

NameRoleAppointed
Thomas McDowallDirector2018-12-11
Kerryanne DalgleishDirector2004-11-24
Evan HarveyChair2003-08-25
Mark LangridgeDirector1999-10-15

Former Officers (3)

  • Jonathan Segedin — Director (departed 2020-09-24)
  • Kelvin Deal — Director (departed 2022-07-15)
  • Kathleen Deal — Director (departed 2018-08-31)

Similar Charities in Religion

ReligionCompany

Ark Resources Limited

CC54208Whakatane, WhakataneRegistered 3 Dec 2016
Data updated: 2 days ago
Financials31 Mar 2025Rating2d ago

Financial data as at March 2025. Sourced from Charities Services register.

C+
67/100
Financial
68
Governance
65
Transparency
65
Revenue

$2.3M

Expenses

$137.8K

Assets

$31.0M

Staff

3

Financial data from Charities Services annual return (FY2025). Ratings calculated using CharityData v3.1.1 methodology.

Endowment Foundation

Special Entity Type

This is an endowment foundation that holds investments and provides grants. High reserves are expected and appropriate - this is not an operating charity.

Relationship: consolidated_subsidiary

Rating Note: Endowment foundations are rated using specialized criteria that recognize high reserves as appropriate. Metrics like grant distribution rate and investment returns are prioritized over program spending ratios.

About

Mission

The object for which the Company is established is solely to undertake activities and operations and provide services so as to further the charitable purposes of Liberty Trust, a body corporate pursuant to the Charitable Trusts Act 1957.

Who We Serve

Beneficiaries
Religious groups

Key Statistics

Annual Revenue
$2.3M
Total Expenses
$137.8K
Net Assets
$30.7M
Staff
3
employees
Volunteers
0

Financial Trends

Financial Trends (9 Years)

Revenue Breakdown

Expense Breakdown

Verified

Financial Health Dashboard

Cents to the Cause
22c
For every $1 spent, 22c reaches programs
Needs attention
Sustainability
163.2mo
Could operate 163.2 months with zero revenue
Over-capitalized
Fundraising Cost
$6.20
Costs $6.20 to raise each $1 in donations
High cost

Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology

Revenue Diversification

5
Score /100
Highly Concentrated
HHI: 9,510
High Concentration: 98% of revenue from Trading / Services
Trading / Services97.5%
Investment Income1.8%
Other0.7%
Donations0.1%

HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.

Peer Comparison

Ranked against 35 peers · Religion · $1M – $10M

Rating Score
67
#15/36
Revenue
$2.3M
#16/36
Reserve Months
163.2
#1/36
Surplus
$2.2M
#7/36
Staff Cost %
68%
#36/36

Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.

Rating

C+
Score: 66.8/100
Financial
67.5
Governance
65
Transparency
65
Why this grade: Financial 68 × 40% + Governance 65 × 60% = 66 → C+.
View Full Score Breakdown

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Latest Audit

FY2024
Clean
8 years of audit history

Contact Details

Address
Whakatane, Whakatane

Registration

Registration NumberCC54208
Entity TypeCompany
Registered3 Dec 2016
StatusRegistered

Companies Office

StatusRegistered
Entity TypeNZ Limited Company
Incorporated15 Oct 1999
Company #984190
Registered office
65 Wairaka Road, Whakatane, Whakatane, 3120

Sector & Activities

Primary Sector
Religion
Activities
Makes grants / loans to individualsProvides religious services / activitiesProvides services (e.g. care / counselling)

Data sourced from Charities Services register and publicly available annual returns. Our datasets may not be complete. Automated analysis can produce errors. Scores are calculated using disclosed methodology and are analytical tools, not investment ratings or recommendations. If you believe any data on this page is incorrect, please contact us at hello@charitydata.co.nz. For informational purposes only. Not investment advice. Last updated: 3 October 2026.