Chugiak Senior Citizens Foundation

Analysis

Chugiak Senior Citizens Foundation is a registered charity in United States, based in Chugiak, AK. It received its IRS tax-exemption ruling in July 1992, 34 years ago. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2022, Chugiak Senior Citizens Foundation reported income of $353k and spending of $34k, leaving 90% of income unspent that year. Across the 4 years on record, from September 2019 to September 2022, income grew from $128k to $353k (+176%), an average of +40% a year. The sharpest change came in the year to September 2022, when income rose by 158%. Over the whole period it spent 14% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chugiak Senior Citizens Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 60th percentile within AK. Charities of a similar size with the same main cause include National Church Residences of ($353k), Lake Brownwood Christian Retreat Inc ($353k) and American Regions Mathematics League Inc ($353k).

At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.