Anchorage Sports Association Inc

Analysis

Anchorage Sports Association Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in December 2013, 13 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Anchorage Sports Association Inc reported income of $886k and spending of $827k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $728k to $886k (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Anchorage Sports Association Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within AK. Charities of a similar size with the same main cause include Empower Me Academy ($886k), Final Third Foundation ($887k) and Stillwater Area Community Services Center ($886k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 98% of the total. Other salaries and wages came to $219k. At year end it held assets of $676k against liabilities of $79k, net assets of $597k. It reported 12 employees.