Polaris House

Analysis

Polaris House is a registered charity in United States, based in Juneau, AK. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Polaris House reported income of $514k and spending of $497k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $510k to $514k (+0.8%), an average of +0.2% a year. The sharpest change came in the year to June 2022, when income dropped by 25%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Polaris House sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within AK. Charities of a similar size with the same main cause include Advanced Medical Transport of Iowa ($514k), Lebanon Valley Volunteers in Medicine Clinic ($514k) and D C Firefighters Burn Foundation ($514k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $87k (18% of expenses). Other salaries and wages came to $121k. At year end it held assets of $356k against liabilities of $32k, net assets of $323k. It reported 11 employees.