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Alaska Food Policy Council

RegisteredEIN 46-5017514Homer, AKPoverty relief
Income$663k2023-12
Spending$540ksame year
Spent / received77%2-year average
Size in its cause69th pctPoverty relief
Exempt since2014Publicly supported organisat
Employees5latest return

Analysis

Alaska Food Policy Council is a registered charity in United States, based in Homer, AK. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, 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 December 2023, Alaska Food Policy Council reported income of $663k and spending of $540k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $286k to $663k (+132%), an average of +132% a year. The sharpest change came in the year to December 2023, when income rose by 132%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alaska Food Policy Council sits at the 69th percentile: it is larger than about 69% 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 Paso- West Suburban Action Project ($663k), American Friends of Helpage India Inc ($663k) and Families First ($663k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $91k (17% of expenses). Other salaries and wages came to $40k. At year end it held assets of $407k against liabilities of $35k, net assets of $372k. It reported 5 employees.

Income and spending

$0$166k$331k$497k$663k2022 Income: $286,0122022 Spending: $189,38020222023 Income: $662,9232023 Spending: $539,6162023
IncomeSpending

Where the income comes from

  • Contributions & grants 75%
  • Program services 24%
  • Other 0.4%

Similar-sized charities, same cause

CharityLocationIncome
Paso- West Suburban Action ProjectMelrose Park$663k
American Friends of Helpage India IncWashington$663k
Families FirstMissoula$663k
A Million Dreamz IncSheboygan$663k