Kodiak Community Support Inc

Analysis

Kodiak Community Support Inc is a registered charity in United States, based in Kodiak, AK. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Kodiak Community Support Inc reported income of $384k and spending of $188k, leaving 51% of income unspent that year. Across the 3 years on record, from September 2021 to September 2023, income fell from $401k to $384k (-4.2%), an average of -2.1% a year. The sharpest change came in the year to September 2022, when income dropped by 16%. Over the whole period it spent 53% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kodiak Community Support Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within AK. Charities of a similar size with the same main cause include South-Central Indiana Regional Economic Development Corp ($384k), Community Council ($384k) and Ravalli County Economic Development Authority ($384k).

At year end it held assets of $603k against liabilities of $0, net assets of $603k.