Cook Inlet Counseling Inc

Analysis

Cook Inlet Counseling Inc is a registered charity in United States, based in Kenai, AK. It received its IRS tax-exemption ruling in February 1996, 30 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 June 2024, Cook Inlet Counseling Inc reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.5m to $1.3m (-11%), an average of -2.3% a year. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cook Inlet Counseling Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within AK. Charities of a similar size with the same main cause include Work Force Investment Board of the Southwest Region Inc ($1.3m), Passyunk Avenue Revitalization Corporation ($1.3m) and Downtown Brattleboro Alliance Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 30% of the total. Other salaries and wages came to $998k. At year end it held assets of $2.3m against liabilities of $90k, net assets of $2.2m. It reported 14 employees.