North Country Alliance Local Development Corporation

Analysis

North Country Alliance Local Development Corporation is a registered charity in United States, based in Watertown, NY. It received its IRS tax-exemption ruling in July 1996, 30 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, North Country Alliance Local Development Corporation reported income of $136k and spending of $117k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $469k to $136k (-71%), an average of -27% a year. The sharpest change came in the year to December 2021, when income rose by 215%. Over the whole period it spent 65% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, North Country Alliance Local Development Corporation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Unite Here Education and Support Fund ($136k), Peniel Community Services Inc ($136k) and Howell Main Street Inc ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 77% of the total. At year end it held assets of $2.7m against liabilities of $1.4m, net assets of $1.3m.