Alternative Home Inc

Analysis

Alternative Home Inc is a registered charity in United States, based in Framingham, MA. It received its IRS tax-exemption ruling in October 1975, 51 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Alternative Home Inc reported income of $176k and spending of $168k, spending 95% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $181k to $176k (-2.5%), an average of -2.5% a year. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alternative Home Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include The Faces Foundation ($176k), Check by 7 Inc ($176k) and Kids Unlimited Foundation ($176k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $423k against liabilities of $184k, net assets of $239k.