Alternative Supports Inc

Analysis

Alternative Supports Inc is a registered charity in United States, based in Chelmsford, MA. It received its IRS tax-exemption ruling in January 1977, 49 years ago. 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 Supports Inc reported income of $10.3m and spending of $9.8m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $8.4m to $10.3m (+23%), an average of +7.1% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alternative Supports Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include American Christian Education Association Inc ($10.2m), Manna on Main Street ($10.3m) and Christian Schools Inc ($10.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $6.8m. At year end it held assets of $7.8m against liabilities of $1.8m, net assets of $6.0m. It reported 167 employees.