Kodiak Area Native Association

Analysis

Kodiak Area Native Association is a registered charity in United States, based in Kodiak, AK. It received its IRS tax-exemption ruling in March 1985, 41 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 September 2023, Kodiak Area Native Association reported income of $56.6m and spending of $48.6m, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $35.1m to $56.6m (+62%), an average of +13% a year. The sharpest change came in the year to September 2020, when income rose by 30%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kodiak Area Native Association sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within AK. Charities of a similar size with the same main cause include Little Flower Children & Family Services of New York ($56.4m), Wayside Youth & Family Support Network ($56.9m) and Young Mens Christian Association of Greater Richmond ($56.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 69% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $913k (1.9% of expenses). Other salaries and wages came to $19.4m. At year end it held assets of $149.7m against liabilities of $61.6m, net assets of $88.0m. It reported 353 employees.