Alpha Grand Rapids

Analysis

Alpha Grand Rapids is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in February 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Alpha Grand Rapids reported income of $2.1m and spending of $2.2m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.1m (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alpha Grand Rapids sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Safenet Domestic Violence Safety Network Inc ($2.1m), Rock River Hospice & Home ($2.1m) and Womens Center-High Desert ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $106k (4.8% of expenses). Other salaries and wages came to $818k. At year end it held assets of $3.0m against liabilities of $55k, net assets of $2.9m. It reported 27 employees.