Alaska Yanna Vararam

Analysis

Alaska Yanna Vararam is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Alaska Yanna Vararam reported income of $74k and spending of $56k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $98k to $74k (-25%), an average of -9.1% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 54% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Alaska Yanna Vararam sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 25th percentile within AK. Charities of a similar size with the same main cause include Jubilee Economics Ministries ($74k), Iglesia Pentecostes He Aqui Vengo Pronto ($74k) and Victory Harvest Ministries of Savannah Inc ($74k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. It paid $3,389 in professional fundraising fees. At year end it held assets of $1.5m against liabilities of $122k, net assets of $1.4m.