Alternacare

Analysis

Alternacare is a registered charity in United States, based in Zanesville, OH. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alternacare reported income of $424k and spending of $362k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $459k to $424k (-7.5%), an average of -1.9% a year. The sharpest change came in the year to December 2021, when income rose by 211%. Over the whole period it spent 118% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alternacare sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Blount Memorial Foundation Inc ($424k), Global Nerve Foundation ($425k) and Legal Information Network for Cancer ($424k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 77% of the total. At year end it held assets of $354k against liabilities of $317k, net assets of $37k.