Alfred Street Baptist Church Foundation

Analysis

Alfred Street Baptist Church Foundation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Alfred Street Baptist Church Foundation reported income of $748k and spending of $624k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $556k to $748k (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alfred Street Baptist Church Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within VA. Charities of a similar size with the same main cause include Courage for Life Incorporated ($748k), Christmas Spirit Foundation ($748k) and Berkshire Immigrant Center Inc ($748k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 0.1% of the total. At year end it held assets of $2.9m against liabilities of $2,600, net assets of $2.9m.