North Star Council on Aging Inc

Analysis

North Star Council on Aging Inc is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in September 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, North Star Council on Aging Inc reported income of $4.5m and spending of $2.0m, leaving 56% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.4m to $4.5m (+229%), an average of +27% a year. The sharpest change came in the year to June 2024, when income rose by 124%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, North Star Council on Aging Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within AK. Charities of a similar size with the same main cause include The a I M Center Inc ($4.5m), Young Mens Christian Assoc Jamestown ($4.5m) and Raphael House of Portland ($4.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $167k (8.4% of expenses). Other salaries and wages came to $773k. At year end it held assets of $4.0m against liabilities of $261k, net assets of $3.7m. It reported 31 employees.