Avcp Development Corp

Analysis

Avcp Development Corp is a registered charity in United States, based in Bethel, AK. It received its IRS tax-exemption ruling in September 1979, 47 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Avcp Development Corp reported income of $372k and spending of $339k, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $763k to $372k (-51%), an average of -16% a year. The sharpest change came in the year to September 2021, when income dropped by 41%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Avcp Development Corp sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within AK. Charities of a similar size with the same main cause include Kiku Gardens Inc ($372k), Women Opting for More Affordable Housing Now Inc ($372k) and Pacific Housing Oahu Corporation Tenney Village ($371k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 66% of the total. Other salaries and wages came to $90k. At year end it held assets of $401k against liabilities of $364k, net assets of $37k. It reported 1 employees.