Anchorage Neighborhood Housing Services Inc

Analysis

Anchorage Neighborhood Housing Services Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in August 1982, 44 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 December 2023, Anchorage Neighborhood Housing Services Inc reported income of $15.8m and spending of $15.1m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.5m to $15.8m (+9.2%), an average of +2.2% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Anchorage Neighborhood Housing Services Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 98th percentile within AK. Charities of a similar size with the same main cause include American Family Housing ($15.8m), Burbank Housing Development Corporation ($15.8m) and Indiana Masonic Home Inc ($15.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $696k (4.6% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $54.0m against liabilities of $30.4m, net assets of $23.6m. It reported 82 employees.