Alongside Inc

Analysis

Alongside Inc is a registered charity in United States, based in Richland, MI. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Alongside Inc reported income of $2.3m and spending of $2.0m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.3m (+6.4%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Alongside Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within MI. Charities of a similar size with the same main cause include Samaritan Kitchen of Wilkes Inc ($2.3m), Divine Truth Unity Fellowship Church ($2.3m) and Light Bearers Ministry ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $192k (9.7% of expenses). Other salaries and wages came to $766k. At year end it held assets of $5.3m against liabilities of $181k, net assets of $5.2m. It reported 34 employees.