Whitestone Community Association

Analysis

Whitestone Community Association is a registered charity in United States, based in Delta Junction, AK. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover community improvement and capacity building, 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 December 2023, Whitestone Community Association reported income of $416k and spending of $415k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $420k to $416k (-1.0%), an average of -0.3% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Whitestone Community Association sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within AK. Charities of a similar size with the same main cause include Cagv-Education Fund Inc ($416k), Valley View Foundation ($416k) and Appellate Judges Education Institute ($416k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $14k (3.3% of expenses). Other salaries and wages came to $43k. At year end it held assets of $1.3m against liabilities of $11k, net assets of $1.3m. It reported 2 employees.