Copper Valley Development Association Inc

Analysis

Copper Valley Development Association Inc is a registered charity in United States, based in Glennallen, AK. It received its IRS tax-exemption ruling in August 1999, 27 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 2023, Copper Valley Development Association Inc reported income of $101k and spending of $102k, spending 101% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $159k to $101k (-36%), an average of -36% a year. The sharpest change came in the year to June 2023, when income dropped by 36%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Copper Valley Development Association Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 32nd percentile within AK. Charities of a similar size with the same main cause include Reaching Up ($101k), Hooksett Kiwanis Foundation Inc ($101k) and Big Stone Area Growth ($101k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 17% of the total. At year end it held assets of $7,335 against liabilities of $0, net assets of $7,335.