Fridley Alano Society of the Northeast Suburbs Inc

Analysis

Fridley Alano Society of the Northeast Suburbs Inc is a registered charity in United States, based in Fridley, MN. It received its IRS tax-exemption ruling in April 1978, 48 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 January 2024, Fridley Alano Society of the Northeast Suburbs Inc reported income of $112k and spending of $131k, spending 117% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income fell from $124k to $112k (-9.5%), an average of -2.5% a year. The sharpest change came in the year to January 2022, when income rose by 69%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fridley Alano Society of the Northeast Suburbs Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within MN. Charities of a similar size with the same main cause include Dublin Gaels Booster Club ($112k), Visiting Nurse Association Inc Old Lyme ($112k) and Covenant Christian School Inc ($112k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 25% and program service revenue 35% of the total. At year end it held assets of $542k against liabilities of $94k, net assets of $447k.