Alaska Airmens Association Inc

Analysis

Alaska Airmens Association Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in January 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Alaska Airmens Association Inc reported income of $1.1m and spending of $837k, leaving 25% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $861k to $1.1m (+30%), an average of +6.7% a year. The sharpest change came in the year to September 2020, when income dropped by 20%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alaska Airmens Association Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within AK. Charities of a similar size with the same main cause include Cuyahoga County Public Library Foundation ($1.1m), We Need Diverse Books ($1.1m) and Transformative Leadership Academy ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 23% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $107k (13% of expenses). Other salaries and wages came to $209k. At year end it held assets of $2.5m against liabilities of $269k, net assets of $2.3m. It reported 7 employees.