Alternative Adult Residence Inc

Analysis

Alternative Adult Residence Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in July 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Alternative Adult Residence Inc reported income of $647k and spending of $585k, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $365k to $647k (+77%), an average of +15% a year. The sharpest change came in the year to September 2023, when income rose by 44%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alternative Adult Residence Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Nami Greater Toledo ($646k), Another Chance of Atlanta Inc ($647k) and Heart of the Brain Foundation ($646k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $429k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 16 employees.