Arctic Winter Games Corporation of Alaska

Analysis

Arctic Winter Games Corporation of Alaska is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in October 1981, 45 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Arctic Winter Games Corporation of Alaska reported income of $497k and spending of $493k, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $154k to $497k (+222%), an average of +48% a year. The sharpest change came in the year to December 2020, when income rose by 83%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Arctic Winter Games Corporation of Alaska sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within AK. Charities of a similar size with the same main cause include Timber Ridge Program Inc ($497k), Piedmont Interstate Fair Assn ($497k) and Arabian Western Pleasure Association ($497k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $59k (12% of expenses). At year end it held assets of $173k against liabilities of $5,674, net assets of $167k.