Old Harbor Alliance

Analysis

Old Harbor Alliance is a registered charity in United States, based in Old Harbor, AK. It received its IRS tax-exemption ruling in June 2015, 11 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, Old Harbor Alliance reported income of $300k and spending of $202k, leaving 33% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $502k to $300k (-40%), an average of -16% a year. The sharpest change came in the year to December 2022, when income rose by 423%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Old Harbor Alliance sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 56th percentile within AK. Charities of a similar size with the same main cause include Childrenz Center ($300k), Humane Equine Aid & Rapid Transport Inc ($300k) and Brazos Bend Guardianship Services ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $218k against liabilities of $9,256, net assets of $208k.