Fairbanks Community Homes

Analysis

Fairbanks Community Homes is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Fairbanks Community Homes reported income of $85k and spending of $115k, spending 136% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $98k to $85k (-13%), an average of -3.5% a year. Over the whole period it spent 126% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fairbanks Community Homes sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 28th percentile within AK. Charities of a similar size with the same main cause include Auglaize County Board for Crippled Children and Adults Inc ($85k), Love Like Remi Foundation ($85k) and Emergency Medical Services Council of Whatcom County ($85k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.1m against liabilities of $1.1m, net assets of $14k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.