Alices Inc

Analysis

Alices Inc is a registered charity in United States, based in Valparaiso, IN. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Alices Inc reported income of $104k and spending of $109k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $91k to $104k (+14%), an average of +3.4% a year. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alices Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within IN. Charities of a similar size with the same main cause include Magi-Fund Inc ($104k), Good Samaritan Inn Inc ($104k) and Plus One Guidance Center ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. At year end it held assets of $355k against liabilities of $0, net assets of $355k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.