Alaska Botanical Garden Inc

Analysis

Alaska Botanical Garden Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Alaska Botanical Garden Inc reported income of $1.1m and spending of $1.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $568k to $1.1m (+95%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 105% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Alaska Botanical Garden Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within AK. Charities of a similar size with the same main cause include Maui Nui Marine Resource Council Inc ($1.1m), Hudson Taconic Lands Inc ($1.1m) and Rocky Mountain Raptor Program ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $91k (8.0% of expenses). Other salaries and wages came to $510k. At year end it held assets of $2.7m against liabilities of $104k, net assets of $2.6m. 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.