Alternatives for Girls
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
Where the income comes from
- Contributions & grants 95%
- Other 4.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ring House Corporation | Rockville | $8.8m |
| Famicos Foundation Inc | Cleveland | $8.9m |
| Appalachian Real Estate Development Corppration | Boone | $8.8m |
| Western Home Services Inc | Cedar Falls | $8.9m |