Alaska Pacific University Foundation Inc

Analysis

Alaska Pacific University Foundation Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in June 1994, 32 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, Alaska Pacific University Foundation Inc reported income of $1.0m and spending of $702k, leaving 32% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $707k to $1.0m (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2021, when income rose by 134%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alaska Pacific University Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within AK. Charities of a similar size with the same main cause include Youth Service Bureau ($1.0m), Leadership Maryland Inc ($1.0m) and Cobb Emc Community Foundation Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $16.4m against liabilities of $17k, net assets of $16.4m.