Arctic Research Consortium of the United States Incorporated

Analysis

Arctic Research Consortium of the United States Incorporated is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in December 1991, 35 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 September 2023, Arctic Research Consortium of the United States Incorporated reported income of $1.9m and spending of $2.0m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.5m to $1.9m (-24%), an average of -6.5% a year. The sharpest change came in the year to September 2023, when income dropped by 25%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arctic Research Consortium of the United States Incorporated sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within AK. Charities of a similar size with the same main cause include Beginners Mind Inc ($1.9m), Normandale Community College Foundation Inc ($1.9m) and Washington Literacy Center ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $115k (5.6% of expenses). Other salaries and wages came to $765k. At year end it held assets of $853k against liabilities of $665k, net assets of $188k. It reported 16 employees.