Alaska Discovery Foundation Inc

Analysis

Alaska Discovery Foundation Inc is a registered charity in United States, based in Juneau, AK. It received its IRS tax-exemption ruling in November 1989, 37 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 August 2023, Alaska Discovery Foundation Inc reported income of $1.2m and spending of $871k, leaving 29% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $845k to $1.2m (+45%), an average of +9.8% a year. The sharpest change came in the year to August 2022, when income rose by 37%. Over the whole period it spent 70% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Alaska Discovery Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within AK. Charities of a similar size with the same main cause include Clean Energy NH ($1.2m), Niches Land Trust Inc ($1.2m) and Warren Land Trust Inc ($1.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 26% and program service revenue 10% of the total. Other salaries and wages came to $592k. At year end it held assets of $2.0m against liabilities of $172k, net assets of $1.8m. It reported 32 employees.