Alex Foundation

Analysis

Alex Foundation is a registered charity in United States, based in MC Gehee, AR. It received its IRS tax-exemption ruling in May 2012, 14 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, Alex Foundation reported income of $63k and spending of $77k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $66k to $63k (-5.1%), an average of -5.1% a year. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alex Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within AR. Charities of a similar size with the same main cause include Brunswick Educational Foundation ($63k), Air Command and Staff College Gathering of Eagles Foundation ($63k) and Paulding County High School Band Boosters Inc ($63k).

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 $14k against liabilities of $6,866, net assets of $7,165.