Alpha Workshops

Analysis

Alpha Workshops is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Alpha Workshops reported income of $1.9m and spending of $1.9m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $477k to $1.9m (+306%), an average of +42% a year. The sharpest change came in the year to June 2022, when income rose by 152%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Alpha Workshops sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Destiny Community Services ($1.9m), Urban Manufacturing Alliance ($1.9m) and Easter Seals Middle Georgia Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 5.3% of the total. Other salaries and wages came to $952k. At year end it held assets of $948k against liabilities of $550k, net assets of $398k. It reported 23 employees.