Federation of Community Councils Inc

Analysis

Federation of Community Councils Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in February 1978, 48 years ago. 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, Federation of Community Councils Inc reported income of $105k and spending of $102k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $131k to $105k (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2020, when income dropped by 18%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Federation of Community Councils Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within AK. Charities of a similar size with the same main cause include Care Net Pregnancy Care Center of Churchill County Inc ($105k), Little League Baseball Inc ($105k) and Hudson Valley Athletic Club Inc ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $38k. At year end it held assets of $61k against liabilities of $74, net assets of $61k. It reported 2 employees.