Alaska Cardiovascular Research Foundation Inc

Analysis

Alaska Cardiovascular Research Foundation Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 Cardiovascular Research Foundation Inc reported income of $336k and spending of $312k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $251k to $336k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2022, when income rose by 126%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alaska Cardiovascular Research Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 59th percentile within AK. Charities of a similar size with the same main cause include St Vincent de Paul Triparish Community Pharmacy ($336k), Still Small Voice Educational Services a NJ Nonprofit Corporatio ($336k) and New Begining Fellowship Center ($336k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $60k (19% of expenses). At year end it held assets of $207k against liabilities of $0, net assets of $207k.