Anchorage Hospitality Foundation

Analysis

Anchorage Hospitality Foundation is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in September 2005, 21 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, Anchorage Hospitality Foundation reported income of $180k and spending of $96k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $180k (+117%), an average of +117% a year. The sharpest change came in the year to December 2023, when income rose by 117%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Anchorage Hospitality Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 47th percentile within AK. Charities of a similar size with the same main cause include Jersey Village High School Band and Orchestra Parent Organization ($180k), Haiti Cheri Harvest Life Ministry Inc ($180k) and First United Methodist Church Daycare Inc ($180k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. Other salaries and wages came to $48k. At year end it held assets of $157k against liabilities of $0, net assets of $157k.