Alano-Club-Inc

Analysis

Alano-Club-Inc is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in October 1961, 65 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alano-Club-Inc reported income of $139k and spending of $129k, spending 92% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $117k to $139k (+20%), an average of +9.3% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alano-Club-Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within MI. Charities of a similar size with the same main cause include Niguel Botanical Preserve ($139k), Mark Kilroy Foundation ($139k) and National Kappa Kappa Iota Inc ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.1% and program service revenue 51% of the total. At year end it held assets of $143k against liabilities of $4,627, net assets of $139k.