Alpha Service Industries

Analysis

Alpha Service Industries is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in January 1980, 46 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alpha Service Industries reported income of $2.0m and spending of $2.4m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $892k to $2.0m (+121%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 163%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alpha Service Industries sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include Camelot Center ($2.0m), Society for Pediatric Radiology ($2.0m) and Brooklyn Perinatal Network Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 85% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $1.1m against liabilities of $610k, net assets of $486k.