Alcove Center for Grieving Children and Families Inc

Analysis

Alcove Center for Grieving Children and Families Inc is a registered charity in United States, based in Galloway, NJ. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2023, Alcove Center for Grieving Children and Families Inc reported income of $563k and spending of $511k, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $444k to $563k (+27%), an average of +8.3% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alcove Center for Grieving Children and Families Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include North Idaho AIDS Coalition ($563k), Northeast Ohio Black Health Coalition ($564k) and Philipstown Volunteer Ambulance Corps Inc ($563k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $110k (22% of expenses). Other salaries and wages came to $214k. At year end it held assets of $628k against liabilities of $476k, net assets of $152k. It reported 5 employees.