Family Centered Services of Alaska

Analysis

Family Centered Services of Alaska is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Family Centered Services of Alaska reported income of $13.6m and spending of $14.9m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $20.0m to $13.6m (-32%), an average of -9.2% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Centered Services of Alaska sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within AK. Charities of a similar size with the same main cause include Opportunities Industrialization Center of America Inc ($13.6m), Horizon Project ($13.6m) and Veterans of Foreign Wars of Ohio Charities ($13.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10.0% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $427k (2.9% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $30.6m against liabilities of $11.0m, net assets of $19.5m. It reported 241 employees.