Senior Citizens of Kodiak

Analysis

Senior Citizens of Kodiak is a registered charity in United States, based in Kodiak, AK. It received its IRS tax-exemption ruling in May 1976, 50 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 June 2023, Senior Citizens of Kodiak reported income of $2.0m and spending of $2.2m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.0m (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Citizens of Kodiak sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within AK. Charities of a similar size with the same main cause include Disability Network Wayne County- Detroit ($2.0m), Fundacion Hermanos de LA Calle Inc ($2.0m) and Open Arms Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $194k (9.0% of expenses). Other salaries and wages came to $673k. At year end it held assets of $1.9m against liabilities of $152k, net assets of $1.7m. It reported 19 employees.