Anchorage Park Foundation

Analysis

Anchorage Park Foundation is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in October 2010, 16 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, Anchorage Park Foundation reported income of $2.6m and spending of $2.0m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.6m (+59%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 87% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Anchorage Park Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within AK. Charities of a similar size with the same main cause include Leading Harvest ($2.6m), Beaufort County Open Land Trust Inc ($2.6m) and Tuolumne River Conservancy Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $109k (5.5% of expenses). Other salaries and wages came to $314k. At year end it held assets of $2.6m against liabilities of $236k, net assets of $2.4m. It reported 7 employees.