Southeast Alaska Independent Living Inc

Analysis

Southeast Alaska Independent Living Inc is a registered charity in United States, based in Juneau, AK. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Southeast Alaska Independent Living Inc reported income of $3.3m and spending of $3.0m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $3.3m (+44%), an average of +9.6% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Southeast Alaska Independent Living Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within AK. Charities of a similar size with the same main cause include Neighborhood Housing Services of Southern Nevada Inc ($3.3m), Better Community Neighborhoods Inc ($3.3m) and Terner Housing Innovation Labs Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $136k (4.5% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.4m against liabilities of $867k, net assets of $2.5m. It reported 67 employees.