Association of Alaska School Board

Analysis

Association of Alaska School Board is a registered charity in United States, based in Juneau, AK. It received its IRS tax-exemption ruling in November 1986, 40 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 December 2023, Association of Alaska School Board reported income of $7.7m and spending of $7.9m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.8m to $7.7m (+32%), an average of +7.3% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association of Alaska School Board sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within AK. Charities of a similar size with the same main cause include Psasb Inc ($7.7m), Teaching Matters Inc ($7.7m) and Bella Mente Charter School ($7.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $246k (3.1% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $5.0m against liabilities of $2.9m, net assets of $2.1m. It reported 29 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.