Alaska Charr Educational Fund Inc

Analysis

Alaska Charr Educational Fund Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in August 2003, 23 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, Alaska Charr Educational Fund Inc reported income of $308k and spending of $296k, spending 96% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $105k to $308k (+193%), an average of +193% a year. The sharpest change came in the year to June 2023, when income rose by 193%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Alaska Charr Educational Fund Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 57th percentile within AK. Charities of a similar size with the same main cause include Carlisle Area Development Corporation Inc ($308k), International Ultraviolet Association Inc ($308k) and Central Vermont Memorial Civic Center Inc ($308k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. Other salaries and wages came to $71k. At year end it held assets of $305k against liabilities of $74k, net assets of $230k.