Kodiak Archipelago Leadershipinstitute

Analysis

Kodiak Archipelago Leadershipinstitute is a registered charity in United States, based in Kodiak, AK. It received its IRS tax-exemption ruling in December 2006, 20 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 September 2023, Kodiak Archipelago Leadershipinstitute reported income of $710k and spending of $684k, spending 96% of its income. Across the 4 years on record, from September 2019 to September 2023, income grew from $166k to $710k (+327%), an average of +62% a year. The sharpest change came in the year to September 2021, when income rose by 120%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kodiak Archipelago Leadershipinstitute sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within AK. Charities of a similar size with the same main cause include Project Jumpstart Inc ($709k), The Cabet Group Incorporated ($710k) and Francisville Neighborhood Development Corporation ($709k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $104k (15% of expenses). Other salaries and wages came to $147k. At year end it held assets of $440k against liabilities of $244k, net assets of $196k. It reported 7 employees.