Alaska Hemophilia Association Inc

Analysis

Alaska Hemophilia Association Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, Alaska Hemophilia Association Inc reported income of $230k and spending of $290k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $204k to $230k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alaska Hemophilia Association Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 51st percentile within AK. Charities of a similar size with the same main cause include San Marcos Nursing & Rehab Center Inc ($230k), National Society to Prevent Blindness ($230k) and Fennville Public Schools Educational Foundation ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $97k (34% of expenses). Other salaries and wages came to $1,200. At year end it held assets of $174k against liabilities of $13k, net assets of $160k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.