Haines Assisted Living Inc

Analysis

Haines Assisted Living Inc is a registered charity in United States, based in Haines, AK. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Haines Assisted Living Inc reported income of $404k and spending of $748k, spending 185% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $611k to $404k (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2020, when income rose by 49%. Over the whole period it spent 388% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Haines Assisted Living Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within AK. Charities of a similar size with the same main cause include Hoh Share Inc ($404k), Faith Hope & Love School ($404k) and Blue Skies for Children ($404k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.2% and program service revenue 99% of the total. Other salaries and wages came to $367k. At year end it held assets of $3.9m against liabilities of $20k, net assets of $3.9m. It reported 17 employees.

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.