Upper Tanana Development Corporation

Analysis

Upper Tanana Development Corporation is a registered charity in United States, based in Tok, AK. It received its IRS tax-exemption ruling in July 1976, 50 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Upper Tanana Development Corporation reported income of $388k and spending of $405k, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2024, income fell from $488k to $388k (-21%), an average of -7.4% a year. The sharpest change came in the year to June 2024, when income rose by 102%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Upper Tanana Development Corporation sits at the 60th percentile: it is larger than about 60% 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 Nodaway County Senior Citizens Senate Inc ($388k), Payee Central Inc ($388k) and Disability Action Center Inc ($388k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 4.1% of the total. Other salaries and wages came to $118k. At year end it held assets of $543k against liabilities of $10k, net assets of $533k. It reported 13 employees.