Alaska Christian College

Analysis

Alaska Christian College is a registered charity in United States, based in Soldotna, AK. It received its IRS tax-exemption ruling in July 1975, 51 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 May 2023, Alaska Christian College reported income of $6.0m and spending of $5.2m, spending 86% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $5.9m to $6.0m (+0.8%), an average of +0.2% a year. The sharpest change came in the year to May 2022, when income rose by 31%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Alaska Christian College sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within AK. Charities of a similar size with the same main cause include Yivo Institute for Jewish Research Inc ($6.0m), Christian Foundation of America ($6.0m) and Missouri Baptist Childrens Home ($6.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 74% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $294k (5.7% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $13.0m against liabilities of $783k, net assets of $12.2m. It reported 129 employees.