Employee Assistance Fund for Alaska Airlines

Analysis

Employee Assistance Fund for Alaska Airlines is a registered charity in United States, based in Seatac, WA. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 June 2024, Employee Assistance Fund for Alaska Airlines reported income of $1.9m and spending of $1.2m, leaving 36% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.2m to $1.9m (+65%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Employee Assistance Fund for Alaska Airlines sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within WA. Charities of a similar size with the same main cause include Central Florida Community Arts Inc ($1.9m), Esperanza Peace and Justice Center ($1.9m) and Hear Indiana Inc ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $77k (6.2% of expenses). Other salaries and wages came to $74k. At year end it held assets of $5.5m against liabilities of $1,246, net assets of $5.5m. It reported 3 employees.