Association of Alaska Housing Authorities

Analysis

Association of Alaska Housing Authorities is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2024, Association of Alaska Housing Authorities reported income of $928k and spending of $912k, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $652k to $928k (+42%), an average of +7.3% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Association of Alaska Housing Authorities sits at the 70th percentile: it is larger than about 70% 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 Seal Beach Shores Inc ($928k), Gap Community Center ($929k) and Christian Housing-Cottonwood Inc ($928k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $159k (17% of expenses). Other salaries and wages came to $164k. At year end it held assets of $313k against liabilities of $43k, net assets of $270k. It reported 3 employees.