Alphapointe Foundation

Analysis

Alphapointe Foundation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Alphapointe Foundation reported income of $1.6m and spending of $494k, leaving 70% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $772k to $1.6m (+113%), an average of +21% a year. The sharpest change came in the year to September 2021, when income rose by 163%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alphapointe Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within MO. Charities of a similar size with the same main cause include Rainbow Senior Center ($1.6m), Walnut Acres Day Care Center Inc ($1.6m) and New Dream Family Center ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 106% and program service revenue 0.6% of the total. Other salaries and wages came to $254k. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m. It reported 5 employees.