North Star Community Foundation

Analysis

North Star Community Foundation is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, North Star Community Foundation reported income of $409k and spending of $220k, leaving 46% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $130k to $409k (+215%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 128%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, North Star Community Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within AK. Charities of a similar size with the same main cause include Robert a Reaumond Foundation ($408k), The Lymphatic Malformation Institute ($409k) and St Nicholas Foundation ($408k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $481k against liabilities of $0, net assets of $481k.