August F Reetz Foundation

Analysis

August F Reetz Foundation is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in July 1977, 49 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, August F Reetz Foundation reported income of $155k and spending of $14k, leaving 91% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $153k to $155k (+1.4%), an average of +0.3% a year. The sharpest change came in the year to June 2022, when income dropped by 383%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, August F Reetz Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 43rd percentile within AK. Charities of a similar size with the same main cause include Portage County Public Library Foundation Inc ($155k), Devopsdays Des Moines ($155k) and School of Grace Parent Participatory Preschool & Chldcare ($155k).

At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.