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Alternatives for Girls

RegisteredEIN 38-2766412Detroit, MIHousing and shelter
Income$8.8m2023-09
Spending$9.0msame year
Spent / received97%5-year average
Size in its cause94th pctHousing and shelter
Exempt since1988Publicly supported organisat
Employees134latest return

Analysis

Alternatives for Girls is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in May 1988, 38 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Alternatives for Girls reported income of $8.8m and spending of $9.0m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.4m to $8.8m (+102%), an average of +19% a year. The sharpest change came in the year to September 2020, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Alternatives for Girls sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Ring House Corporation ($8.8m), Famicos Foundation Inc ($8.9m) and Appalachian Real Estate Development Corppration ($8.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $474k (5.3% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $6.6m against liabilities of $502k, net assets of $6.1m. It reported 134 employees.

Income and spending

$0$2.2m$4.5m$6.7m$9.0m2019 Income: $4,383,3432019 Spending: $4,768,53320192020 Income: $5,724,7892020 Spending: $5,405,26720202021 Income: $7,157,2912021 Spending: $6,144,42220212022 Income: $7,775,7082022 Spending: $7,454,43120222023 Income: $8,847,7222023 Spending: $8,961,3542023
IncomeSpending

Where the income comes from

  • Contributions & grants 95%
  • Other 4.7%

Similar-sized charities, same cause

CharityLocationIncome
Ring House CorporationRockville$8.8m
Famicos Foundation IncCleveland$8.9m
Appalachian Real Estate Development CorpprationBoone$8.8m
Western Home Services IncCedar Falls$8.9m