Alaska Sustainable Fisheries Trust Inc

Analysis

Alaska Sustainable Fisheries Trust Inc is a registered charity in United States, based in Sitka, AK. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Alaska Sustainable Fisheries Trust Inc reported income of $1.2m and spending of $363k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $372k to $1.2m (+219%), an average of +34% a year. The sharpest change came in the year to December 2020, when income rose by 360%. Over the whole period it spent 56% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Alaska Sustainable Fisheries Trust Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within AK. Charities of a similar size with the same main cause include Worthy Garden Club ($1.2m), Tulsa Garden Center Inc ($1.2m) and Greenspace Dallas ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.0% of the total. Other salaries and wages came to $58k. At year end it held assets of $3.7m against liabilities of $1.4m, net assets of $2.3m. It reported 3 employees.