Alvis Inc

Analysis

Alvis Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in July 1967, 59 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 December 2023, Alvis Inc reported income of $42.8m and spending of $38.9m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $32.4m to $42.8m (+32%), an average of +7.2% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alvis Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Community Child Care Coordinating Council of Alameda County ($42.8m), Lakewood Manor Baptist Retirement Community Inc ($42.8m) and Dunwoody Village Inc ($42.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $1.5m (3.8% of expenses). Other salaries and wages came to $20.2m. At year end it held assets of $47.3m against liabilities of $29.3m, net assets of $18.0m. It reported 662 employees.