Arches Alaska

Analysis

Arches Alaska is a registered charity in United States, based in Homer, AK. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Arches Alaska reported income of $1.6m and spending of $1.2m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $972k to $1.6m (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 861%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Arches Alaska sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within AK. Charities of a similar size with the same main cause include Manistee County Community ($1.6m), Tacoma Community Boat Builders Inc ($1.6m) and Ely Area Community Foundation Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Other salaries and wages came to $99k. At year end it held assets of $1.2m against liabilities of $20k, net assets of $1.1m.