Allegria Court Inc

Analysis

Allegria Court Inc is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Allegria Court Inc reported income of $543k and spending of $613k, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income grew from $480k to $543k (+13%), an average of +4.2% a year. Over the whole period it spent 120% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Allegria Court Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within RI. Charities of a similar size with the same main cause include Garfield County Senior Housing Corp ($543k), Affordable Housing Alliance Midland County Non-Profit Housing Corp ($543k) and Zion Tabernacle Senior Living Center Inc ($543k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 45% of the total. Other salaries and wages came to $122k. At year end it held assets of $2.8m against liabilities of $5.1m, net assets of -$2.4m.

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.