Brother Francis Shelter Kodiak Inc

Analysis

Brother Francis Shelter Kodiak Inc is a registered charity in United States, based in Kodiak, AK. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Brother Francis Shelter Kodiak Inc reported income of $1.4m and spending of $1.2m, spending 86% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $534k to $1.4m (+169%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 325%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Brother Francis Shelter Kodiak Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within AK. Charities of a similar size with the same main cause include Ginn Gives Inc ($1.4m), Council Apartments II Inc ($1.4m) and Habitat for Humanity International Inc ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $85k (6.9% of expenses). Other salaries and wages came to $202k. At year end it held assets of $2.6m against liabilities of $133k, net assets of $2.5m. It reported 9 employees.