Ouzinkie Community Holding Corporation

Analysis

Ouzinkie Community Holding Corporation is a registered charity in United States, based in Kodiak, AK. It received its IRS tax-exemption ruling in March 2012, 14 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, Ouzinkie Community Holding Corporation reported income of $72k and spending of $22k, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $40k to $72k (+82%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 40% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ouzinkie Community Holding Corporation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 24th percentile within AK. Charities of a similar size with the same main cause include Philomatheon Club of Loveland Colorado ($72k), Glcac Support Corporation ($72k) and Foothill Auxiliary to Peninsula Family Service ($72k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.0m against liabilities of $1.3m, net assets of $664k.