Senior Citizens of Kodiak Endowment Fund Inc

Analysis

Senior Citizens of Kodiak Endowment Fund Inc is a registered charity in United States, based in Kodiak, AK. It received its IRS tax-exemption ruling in September 1987, 39 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Senior Citizens of Kodiak Endowment Fund Inc reported income of $205k and spending of $17k, leaving 92% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $133k to $205k (+54%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 18% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Citizens of Kodiak Endowment Fund Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 49th percentile within AK. Charities of a similar size with the same main cause include Northfield Historical Society Inc ($205k), Cerebral Palsy Housing Inc ($205k) and Housing and Economic Rural Opportunity Inc ($205k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.2% of the total. At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m.