Aleutian Peninsula Broadcasting Inc

Analysis

Aleutian Peninsula Broadcasting Inc is a registered charity in United States, based in Sand Point, AK. It received its IRS tax-exemption ruling in June 1983, 43 years ago. 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 2023, Aleutian Peninsula Broadcasting Inc reported income of $261k and spending of $364k, spending 140% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $265k to $261k (-1.7%), an average of -0.4% a year. The sharpest change came in the year to June 2022, when income dropped by 27%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aleutian Peninsula Broadcasting Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 54th percentile within AK. Charities of a similar size with the same main cause include Mentor Iowa ($260k), Round Rock Band Boosters Inc ($261k) and Los Anos de Oro Senior Services Incorporated ($260k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $46k (13% of expenses). Other salaries and wages came to $87k. At year end it held assets of $425k against liabilities of $376k, net assets of $49k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.