Alaska Engineering Education Foundation

Analysis

Alaska Engineering Education Foundation is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2023, Alaska Engineering Education Foundation reported income of $92k and spending of $52k, leaving 43% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income fell from $109k to $92k (-16%), an average of -4.2% a year. The sharpest change came in the year to March 2023, when income rose by 54%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alaska Engineering Education Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 30th percentile within AK. Charities of a similar size with the same main cause include Re Thalberg Elementary School Parent Teacher Organization ($92k), Weston Memorial Fund ($92k) and Archer High School Dugout Club Inc ($92k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $574k against liabilities of $37k, net assets of $537k.