Amundsen Educational Center

Analysis

Amundsen Educational Center is a registered charity in United States, based in Soldotna, AK. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Amundsen Educational Center reported income of $444k and spending of $398k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $287k to $444k (+55%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 79%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Amundsen Educational Center sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within AK. Charities of a similar size with the same main cause include Berkshire International Film Festival Inc ($444k), City Club ($444k) and Axiom Christian Classical School ($444k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $95k (24% of expenses). Other salaries and wages came to $156k. At year end it held assets of $1.1m against liabilities of $78k, net assets of $1.1m. It reported 7 employees.