Matsu Valley Rebuild
Analysis
Matsu Valley Rebuild is a registered charity in United States, based in Palmer, 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, Matsu Valley Rebuild reported income of $145k and spending of $126k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $145k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 92% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Matsu Valley Rebuild sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 41st percentile within AK. Charities of a similar size with the same main cause include Treasure Valley Partnership Inc ($145k), Charity League ($145k) and Lynn Hope Industries Inc ($145k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $36k (29% of expenses). At year end it held assets of $956k against liabilities of $902k, net assets of $54k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 18%
- Program services 80%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Treasure Valley Partnership Inc | Meridian | $145k |
| Charity League | Somers Point | $145k |
| Lynn Hope Industries Inc | Holmesville | $145k |
| Kansas Kiwanis Foundation Inc | Topeka | $145k |