Alaska Institute for Justice

Analysis

Alaska Institute for Justice is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover human services, 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 June 2023, Alaska Institute for Justice reported income of $2.0m and spending of $2.2m, spending 110% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $2.0m (+39%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alaska Institute for Justice sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within AK. Charities of a similar size with the same main cause include Family Promise of Monroe County Inc ($2.0m), Ashtabula County Day Care Center Inc ($2.0m) and Blithesome Home Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $149k (6.7% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.7m against liabilities of $989k, net assets of $668k. It reported 14 employees.