Anchorage York Rite Foundation Inc

Analysis

Anchorage York Rite Foundation Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 York Rite Foundation Inc reported income of $157k and spending of $140k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $151k to $157k (+4.2%), an average of +1.0% a year. The sharpest change came in the year to December 2023, when income rose by 209%. Over the whole period it spent 116% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Anchorage York Rite Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within AK. Charities of a similar size with the same main cause include Kingwood Township First Aid & Rescue Squad ($157k), Robert Packer Hospital Auxiliary ($157k) and Elle S Angels Foundation ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% of the total. At year end it held assets of $1.9m against liabilities of $5,000, net assets of $1.9m.