Yukon-Koyukuk Elder Assisted Living Consortium

Analysis

Yukon-Koyukuk Elder Assisted Living Consortium is a registered charity in United States, based in Galena, AK. It received its IRS tax-exemption ruling in January 2017, 9 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 December 2023, Yukon-Koyukuk Elder Assisted Living Consortium reported income of $1.8m and spending of $1.4m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $865k to $1.8m (+103%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Yukon-Koyukuk Elder Assisted Living Consortium 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 85th percentile, and in the 84th percentile within AK. Charities of a similar size with the same main cause include New Beginnings of Tampa Inc ($1.8m), Chittenden Housing Corporation ($1.8m) and Goodheart Housing Development Fund Company Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $61k (4.2% of expenses). Other salaries and wages came to $599k. At year end it held assets of $5.0m against liabilities of $123k, net assets of $4.9m. It reported 28 employees.