Alpha House Inc

Analysis

Alpha House Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Alpha House Inc reported income of $1.4m and spending of $1.1m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $585k to $1.4m (+131%), an average of +23% a year. The sharpest change came in the year to June 2020, when income rose by 67%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alpha House Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Hale Hauoli Hawaii ($1.4m), Walton Retirement Home ($1.4m) and Operation Blessing of Southwest Chicagoland ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $70k (6.2% of expenses). Other salaries and wages came to $539k. At year end it held assets of $1.6m against liabilities of $67k, net assets of $1.5m. It reported 19 employees.