Gustavus Community Center

Analysis

Gustavus Community Center is a registered charity in United States, based in Gustavus, AK. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Gustavus Community Center reported income of $80k and spending of $106k, spending 133% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $784k to $80k (-90%), an average of -53% a year. The sharpest change came in the year to December 2022, when income dropped by 67%. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gustavus Community Center sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 26th percentile within AK. Charities of a similar size with the same main cause include Elkhart Kitchen Inc ($79k), Allied Education Initiative ($80k) and Annies Way Just Because Ministries of Hope ($79k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 29% of the total. Other salaries and wages came to $24k. At year end it held assets of $1.3m against liabilities of $1,584, net assets of $1.3m. It reported 4 employees.