Alvaralice Foundation

Analysis

Alvaralice Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Alvaralice Foundation reported income of $187k and spending of $189k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $182k to $187k (+2.6%), an average of +2.6% a year. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Alvaralice Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Ten Thousand Villages of Central Pennsylvania Inc ($187k), Migros Aid Inc ($187k) and Holistic Hope for Children and Youth International ($187k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,794 against liabilities of $0, net assets of $5,794.