Skiku Inc

Analysis

Skiku Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Skiku Inc reported income of $657k and spending of $681k, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $463k to $657k (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2024, when income rose by 59%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Skiku Inc 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 74th percentile, and in the 71st percentile within AK. Charities of a similar size with the same main cause include Lou Gehrig Youth Baseball Softball Inc ($657k), Pysl Inc ($657k) and Hudson Soccer Association Inc ($657k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $164k. At year end it held assets of $454k against liabilities of $719, net assets of $453k. It reported 5 employees.