New Town Alano Club Inc

Analysis

New Town Alano Club Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1981, 45 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 December 2023, New Town Alano Club Inc reported income of $52k and spending of $53k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $53k to $52k (-3.0%), an average of -3.0% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Town Alano Club Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within IL. Charities of a similar size with the same main cause include Ohio Muslim Association Organization ($52k), Casa Azul of Greensboro ($52k) and Jackson County Christmas Charities Inc ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $238k against liabilities of $169k, net assets of $68k.