Alano Club of the Piedmont Area

Analysis

Alano Club of the Piedmont Area is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in June 1969, 57 years ago. 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 December 2023, Alano Club of the Piedmont Area reported income of $53k and spending of $50k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $34k to $53k (+57%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alano Club of the Piedmont Area sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 26th percentile within SC. Charities of a similar size with the same main cause include Pars for Patriots Inc ($53k), Kiwanis Charities Inc Salisbury ($53k) and Bristol Historical Association Inc ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $129k against liabilities of $0, net assets of $129k.