Alaska Universal Service Administrative Company

Analysis

Alaska Universal Service Administrative Company is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alaska Universal Service Administrative Company reported income of $104k and spending of $105k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $93k to $104k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2020, when income rose by 399%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Alaska Universal Service Administrative Company sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 33rd percentile within AK. Charities of a similar size with the same main cause include Stand Up for Grace ($104k), Latvijas Brivibas Fonds Ltd ($104k) and New Life International Development Partnership ($104k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $27k against liabilities of $28k, net assets of -$685.