Chugiak Senior Citizens Inc

Analysis

Chugiak Senior Citizens Inc is a registered charity in United States, based in Chugiak, AK. It received its IRS tax-exemption ruling in July 1979, 47 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 2023, Chugiak Senior Citizens Inc reported income of $3.0m and spending of $2.9m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.3m to $3.0m (-9.5%), an average of -2.5% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chugiak Senior Citizens Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within AK. Charities of a similar size with the same main cause include Seamark Ranch Inc ($3.0m), Menno Olivet Care Center Inc ($3.0m) and Napa Solano Sane Sart ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $94k (3.2% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.5m against liabilities of $385k, net assets of $1.1m. It reported 96 employees.