Alpha USA
Analysis
Alpha USA is a registered charity in United States, based in Carol Stream, IL. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Alpha USA reported income of $15.7m and spending of $16.4m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.5m to $15.7m (+85%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 99% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Alpha USA sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include European Jewish Association Inc ($15.5m), Catholic Cemeteries of the Roman ($15.8m) and Jewish Foundation of Memphis ($15.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $1.1m (7.0% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $3.0m against liabilities of $739k, net assets of $2.3m. It reported 81 employees.
Income and spending
Where the income comes from
- Contributions & grants 83%
- Program services 17%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| European Jewish Association Inc | Monsey | $15.5m |
| Catholic Cemeteries of the Roman | Westbury | $15.8m |
| Jewish Foundation of Memphis | Memphis | $15.5m |
| Episcopal Church Foundation | New York | $16.0m |