Sterling Community Center Inc

Analysis

Sterling Community Center Inc is a registered charity in United States, based in Sterling, AK. It received its IRS tax-exemption ruling in December 1995, 31 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 December 2023, Sterling Community Center Inc reported income of $103k and spending of $142k, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $93k to $103k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 126% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sterling Community Center Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 33rd percentile within AK. Charities of a similar size with the same main cause include Travelers Aid-Emergency Assistance Agency ($103k), Corozal Belize Ministries ($103k) and Hyosarangus Mission ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Other salaries and wages came to $16k. At year end it held assets of $1.3m against liabilities of -$127, net assets of $1.3m. It reported 3 employees.