Alpha Housing Opportunities Corporation

Analysis

Alpha Housing Opportunities Corporation is a registered charity in United States, based in Washington, NJ. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Alpha Housing Opportunities Corporation reported income of $68k and spending of $45k, leaving 33% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $83k to $68k (-18%), an average of -9.4% a year. The sharpest change came in the year to June 2023, when income dropped by 32%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alpha Housing Opportunities Corporation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include Texas Physicians for Social Responsibility ($68k), Project St Nicholas Returns ($68k) and H T F Charitable Foundation ($68k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $99k against liabilities of $113k, net assets of -$14k.