Access Alaska Inc

Analysis

Access Alaska Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in February 1984, 42 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, Access Alaska Inc reported income of $6.6m and spending of $6.9m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.8m to $6.6m (-15%), an average of -4.0% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Access Alaska Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within AK. Charities of a similar size with the same main cause include Trustees of the Gill Odd Fellows Home of Vermont the ($6.6m), Has Development Corporation ($6.6m) and Boy Scouts of America ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $134k (1.9% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $5.5m against liabilities of $2.7m, net assets of $2.8m. It reported 283 employees.