Interior Alaska Bus Line

Analysis

Interior Alaska Bus Line is a registered charity in United States, based in Tok, AK. It received its IRS tax-exemption ruling in May 2013, 13 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, Interior Alaska Bus Line reported income of $285k and spending of $372k, spending 131% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $464k to $285k (-39%), an average of -12% a year. The sharpest change came in the year to June 2023, when income dropped by 30%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Interior Alaska Bus Line 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 61st percentile, and in the 55th percentile within AK. Charities of a similar size with the same main cause include Freedom Through Recovery-Susan Ford Recovery Community Organization ($285k), Naturally Occurring Cultural Districts Ny Inc ($285k) and 4points Family Services ($285k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $58k (15% of expenses). Other salaries and wages came to $131k. At year end it held assets of $97k against liabilities of $27k, net assets of $70k. It reported 4 employees.