Alta Social Settlement

Analysis

Alta Social Settlement is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in April 1947, 79 years ago. 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 June 2023, Alta Social Settlement reported income of $51k and spending of $43k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $27k to $51k (+88%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 211%. Over the whole period it spent 223% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alta Social Settlement sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within OH. Charities of a similar size with the same main cause include California Federation of Womens Clubs ($51k), College Theology Society ($51k) and Alaska PTA ($51k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.0% and program service revenue 85% of the total. At year end it held assets of $730k against liabilities of $2,096, net assets of $728k.