Veterans in Service to Alaskans

Analysis

Veterans in Service to Alaskans is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2022, Veterans in Service to Alaskans reported income of $61k and spending of $69k, spending 112% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $45k to $61k (+37%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Veterans in Service to Alaskans sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 19th percentile within AK. Charities of a similar size with the same main cause include Sanatan Bengali Society ($61k), Preservation Mirage Inc ($61k) and Non-Event Inc ($61k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 34% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.