49 Writers Inc

Analysis

49 Writers Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, 49 Writers Inc reported income of $114k and spending of $113k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $114k (+94%), an average of +94% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 49 Writers Inc 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 40th percentile, and in the 36th percentile within AK. Charities of a similar size with the same main cause include Rich Pond Elementary PTO Inc ($114k), Fulfilling a Dream Fund Inc ($114k) and Sakura Educational Exchanges USA Inc ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. At year end it held assets of $37k against liabilities of $167, net assets of $36k.