Alaska Adoption Services

Analysis

Alaska Adoption Services is a registered charity in United States, based in Eagle River, AK. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alaska Adoption Services reported income of $1.3m and spending of $1.3m, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $249k to $1.3m (+438%), an average of +75% a year. The sharpest change came in the year to December 2021, when income rose by 182%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alaska Adoption Services sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within AK. Charities of a similar size with the same main cause include Bearings Bike Shop Inc ($1.3m), Christian Care Holding Company Inc ($1.3m) and Hope-Homeless Outreach Providing Encouragement ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $173k (14% of expenses). Other salaries and wages came to $205k. At year end it held assets of $546k against liabilities of $75k, net assets of $471k. It reported 7 employees.