Unlimited Alternatives

Analysis

Unlimited Alternatives is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in September 1986, 40 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 September 2023, Unlimited Alternatives reported income of $361k and spending of $353k, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $245k to $361k (+47%), an average of +10% a year. The sharpest change came in the year to September 2022, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Unlimited Alternatives sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Ashtabula Arts Center Foundation ($361k), Wellspring Church Texarkana ($361k) and Kentucky Senior Citizens Apartments Inc ($361k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $40k (11% of expenses). Other salaries and wages came to $138k. At year end it held assets of $208k against liabilities of $198k, net assets of $11k. It reported 9 employees.