Funny River Community Association

Analysis

Funny River Community Association is a registered charity in United States, based in Soldotna, AK. It received its IRS tax-exemption ruling in March 2019, 7 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, Funny River Community Association reported income of $71k and spending of $64k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $41k to $71k (+72%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Funny River Community Association 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 23rd percentile within AK. Charities of a similar size with the same main cause include Wonder Spelen ($71k), Naval Officers Spouses Club of San ($71k) and Advance Bristol Foundation ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 6.7% of the total. At year end it held assets of $784k against liabilities of $0, net assets of $784k.