Yukon Quest International Ltd

Analysis

Yukon Quest International Ltd is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in December 2005, 21 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 March 2024, Yukon Quest International Ltd reported income of $314k and spending of $300k, spending 96% of its income. Across the 5 years on record, from March 2019 to March 2024, income fell from $543k to $314k (-42%), an average of -13% a year. The sharpest change came in the year to March 2023, when income rose by 70%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yukon Quest International Ltd sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 57th percentile within AK. Charities of a similar size with the same main cause include Little League Baseball Inc ($314k), Loma Linda University Medical Auxiliary ($314k) and LA Pine Senior Citizens Inc ($313k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 19% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $83k (28% of expenses). At year end it held assets of $97k against liabilities of $143k, net assets of -$47k. It reported 5 employees.