Aleutian-Pribilof Islands

Analysis

Aleutian-Pribilof Islands is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in March 1982, 44 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2023, Aleutian-Pribilof Islands reported income of $31.2m and spending of $26.0m, spending 83% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $19.5m to $31.2m (+60%), an average of +12% a year. The sharpest change came in the year to September 2020, when income rose by 51%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Aleutian-Pribilof Islands sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within AK. Charities of a similar size with the same main cause include Rise Incorporated ($31.2m), Rural Alaska Community Action Program Inc ($31.3m) and Goodwill Industries of Tulsa Inc ($31.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 84% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $2.7m (10% of expenses). Other salaries and wages came to $9.6m. At year end it held assets of $68.5m against liabilities of $18.5m, net assets of $50.0m. It reported 199 employees.