Alternative Efforts Center of Central New York Inc

Analysis

Alternative Efforts Center of Central New York Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in September 1991, 35 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 (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 2024, Alternative Efforts Center of Central New York Inc reported income of $52k and spending of $41k, leaving 21% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $35k to $52k (+46%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 78%. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Alternative Efforts Center of Central New York Inc sits at the 12th percentile: it is larger than about 12% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Northwest Affordable Housing Inc ($52k), The Movement Family Incorporated ($52k) and Lancasters Economic Action for Downtowns Success ($51k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 81% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.