Petersville Community Non-Profit Corporation

Analysis

Petersville Community Non-Profit Corporation is a registered charity in United States, based in Trapper Creek, AK. It received its IRS tax-exemption ruling in February 2015, 11 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 June 2023, Petersville Community Non-Profit Corporation reported income of $96k and spending of $45k, leaving 53% of income unspent that year. Across the 3 years on record, from December 2020 to June 2023, income fell from $367k to $96k (-74%), an average of -49% a year. The sharpest change came in the year to December 2022, when income dropped by 65%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Petersville Community Non-Profit Corporation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 31st percentile within AK. Charities of a similar size with the same main cause include Nevada Speech-Language-Hearing ($96k), Tipton County Economic Development Foundation Inc ($96k) and Shreveport Common Inc ($96k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 4.0% of the total. At year end it held assets of $305k against liabilities of $0, net assets of $305k.