Alaska · Nonprofit
Spruce Island Development Corporation
Spruce Island Development Corporation (Alaska) receives grants from 1 organization whose IRS filings report $180,000 to it, the largest being RASMUSON FOUNDATION ($180,000). 0 of them have funded it in more than one year.
- Revenue FY2025
- $1.7M
- Funders on record
- 1
- Grants received
- $180k
- Net assets
- $226k
What Spruce Island Development Corporation does
Mission
Provide economic development activities to allow resident economic success which grows community infrastructure and economic growth
As stated on its FY2025 Form 990.
Program
Provide economic development
$1,591,868 spent100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,591,868.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $49k to $166k (+238%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2018 66% · 2024 81% · 2025 95%. Grants only. Government contracts and fees sit inside program revenue.
95% of Spruce Island Development Corporation’s revenue is contributions — more reliant on donations than three-quarters of its peers (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Darrin Muller
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of Spruce Island Development Corporation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of Spruce Island Development Corporation's grant income comes from Alaska funders.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Spruce Island Development Corporation has grown faster than three-quarters of the 2,127 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025
Government funding Spruce Island Development Corporation receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.0M on record.
- Denali Commission$3.0M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like Spruce Island Development Corporation
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Alaska
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
100% of spending goes to programs.
Governance
Public support
98%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for Spruce Island Development Corporation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Spruce Island Development Corporation?
- Spruce Island Development Corporation (Alaska) receives grants from 1 organization whose IRS filings report $180,000 to it, the largest being RASMUSON FOUNDATION ($180,000). 0 of them have funded it in more than one year.
- How many funders does Spruce Island Development Corporation have?
- IRS filings report 1 organization giving $180,000 in grants to Spruce Island Development Corporation.
- Who is the largest funder of Spruce Island Development Corporation?
- RASMUSON FOUNDATION is the largest funder on record, with $180,000 in grants. The full list of funders is on this page.
- How can an organization like Spruce Island Development Corporation find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Alaska. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Spruce Island Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing