Alternative Services Inc

Analysis

Alternative Services Inc is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in June 1981, 45 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 September 2023, Alternative Services Inc reported income of $18.3m and spending of $17.6m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $16.4m to $18.3m (+12%), an average of +2.8% a year. Over the whole period it spent 110% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Alternative Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include Colorado Enterprise Fund Inc ($18.3m), Connecticut Center for Advanced Technology Inc ($18.3m) and Employ Prince Georges ($18.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $155k (0.9% of expenses). Other salaries and wages came to $11.1m. At year end it held assets of $9.2m against liabilities of $3.2m, net assets of $5.9m. It reported 601 employees.