Alpha Homes Inc

Analysis

Alpha Homes Inc is a registered charity in United States, based in Jefferson Cty, MO. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 March 2024, Alpha Homes Inc reported income of $493k and spending of $192k, leaving 61% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $100k to $493k (+392%), an average of +49% a year. The sharpest change came in the year to March 2024, when income rose by 379%. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Alpha Homes Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within MO. Charities of a similar size with the same main cause include Church Housing Corp of Phoenixville ($493k), Kirkland Union Plaza Association ($493k) and Preserve Spencer House Inc ($493k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $632k against liabilities of $15k, net assets of $616k.