Alice Williams Towers Inc

Analysis

Alice Williams Towers Inc is a registered charity in United States, based in Spring Valley, NY. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Alice Williams Towers Inc reported income of $674k and spending of $604k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $409k to $674k (+65%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Alice Williams Towers Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Affordable Housing of Hopkinsville Inc ($674k), City House-Delray Beach Inc ($674k) and Maximum Accessible Housing-West ($674k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $113k. At year end it held assets of $1.8m against liabilities of $114k, net assets of $1.7m.