Alpha Foundation of Howard County Inc

Analysis

Alpha Foundation of Howard County Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Alpha Foundation of Howard County Inc reported income of $70k and spending of $49k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $134k to $70k (-48%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alpha Foundation of Howard County Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within MD. Charities of a similar size with the same main cause include Northwood Education Foundation Inc ($70k), Highland Park High School Choir Booster Club ($70k) and The Cavalier Daily Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $478k against liabilities of $0, net assets of $478k.