Ak Payee Services Inc

Analysis

Ak Payee Services Inc is a registered charity in United States, based in Wasilla, AK. It received its IRS tax-exemption ruling in May 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, Ak Payee Services Inc reported income of $55k and spending of $75k, spending 136% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $55k (+8.2%), an average of +8.2% a year. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ak Payee Services Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 16th percentile within AK. Charities of a similar size with the same main cause include Arrow Adoptions ($55k), Drew McLachlan Memorial Fund ($55k) and Feed My Sheep International Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $3,540 against liabilities of $0, net assets of $3,540.