Polynesian Association of Alaska Inc

Analysis

Polynesian Association of Alaska Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in June 2006, 20 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, Polynesian Association of Alaska Inc reported income of $205k and spending of $458k, spending 224% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $130k to $205k (+57%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 369%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Polynesian Association of Alaska Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 49th percentile within AK. Charities of a similar size with the same main cause include Himalayan Alliance Inc ($205k), Childrens Public Private Partnership ($205k) and Soup for the Soul Org Inc ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $80k (17% of expenses). At year end it held assets of $13k against liabilities of $0, net assets of $13k.