Alano Society Inc

Analysis

Alano Society Inc is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 April 2023, Alano Society Inc reported income of $74k and spending of $97k, spending 131% of what it took in. Across the 2 years on record, from April 2022 to April 2023, income fell from $82k to $74k (-9.9%), an average of -9.9% a year. Over the whole period it spent 115% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alano Society Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within IA. Charities of a similar size with the same main cause include Extra Terrestrial Projects Inc ($74k), Cadoma Foundation ($74k) and Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer ($74k).

On its Form 990-EZ for the period ending April 2023, revenue came from contributions and grants 7.9% of the total. At year end it held assets of $223k against liabilities of $0, net assets of $223k.