Learning Point Alaska Inc

Analysis

Learning Point Alaska Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Learning Point Alaska Inc reported income of $1.7m and spending of $1.7m, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $292k to $1.7m (+470%), an average of +139% a year. The sharpest change came in the year to December 2022, when income rose by 358%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learning Point Alaska Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within AK. Charities of a similar size with the same main cause include Walnut Farm Montessori School ($1.7m), Read to a Child Inc ($1.7m) and Gateway Academy ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $170k against liabilities of $170k, net assets of $780.