Alameda Welfare Council Inc

Analysis

Alameda Welfare Council Inc is a registered charity in United States, based in Alameda, CA. It received its IRS tax-exemption ruling in May 1969, 57 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 January 2024, Alameda Welfare Council Inc reported income of $55k and spending of $80k, spending 145% of what it took in. Across the 2 years on record, from January 2023 to January 2024, income grew from $24k to $55k (+126%), an average of +126% a year. The sharpest change came in the year to January 2024, when income rose by 126%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Alameda Welfare Council Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Realtor Association of Pioneer Valley Charitable Education Fund ($55k), Marshall Hospital Foundation ($55k) and Sertoma Inc ($55k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 91% of the total. At year end it held assets of $7,078 against liabilities of $0, net assets of $7,078.