Alaska Business Week

Analysis

Alaska Business Week is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Business Week reported income of $164k and spending of $173k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $150k to $164k (+9.2%), an average of +9.2% a year. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Alaska Business Week sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 45th percentile within AK. Charities of a similar size with the same main cause include Fraternal Order of Firefighters of Lexington Fire Department Inc ($164k), Mindfulness Leader NFP ($164k) and Cougar Athletic Boosters ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $165k against liabilities of $9,929, net assets of $155k.