A L B a T Program Inc
Analysis
A L B a T Program Inc is a registered charity in United States, based in Medway, OH. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, A L B a T Program Inc reported income of $2.0m and spending of $442k, leaving 78% of income unspent that year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 11% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, A L B a T Program Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Mile High Workshop Inc ($2.0m), The American Venous Forum Foundation ($2.0m) and Lower East Side District Management Corporation Inc ($2.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 121% of the total. At year end it held assets of $13.3m against liabilities of $59k, net assets of $13.2m.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mile High Workshop Inc | Denver | $2.0m |
| The American Venous Forum Foundation | East Dundee | $2.0m |
| Lower East Side District Management Corporation Inc | New York | $2.0m |
| Southeast Kansas Coordinated Transit Council Inc | Girard | $2.0m |