Alpha-Omega Alliance Inc

Analysis

Alpha-Omega Alliance Inc is a registered charity in United States, based in Los Alamitos, CA. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Alpha-Omega Alliance Inc reported income of $12.5m and spending of $12.3m, spending 98% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $798k to $12.5m (+1474%), an average of +297% a year. The sharpest change came in the year to December 2021, when income rose by 867%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alpha-Omega Alliance Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Centralized Comprehensive Human Services Inc ($12.5m), Aleutian Pribilof Island Community Development Association Apicda ($12.5m) and Centro Las Americas Inc ($12.5m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $565k against liabilities of $280k, net assets of $284k.