Alphapointe

Analysis

Alphapointe is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in September 1941, 85 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 September 2023, Alphapointe reported income of $65.1m and spending of $65.3m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $59.4m to $65.1m (+9.6%), an average of +2.3% a year. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Alphapointe sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MO. Charities of a similar size with the same main cause include First Step Staffing ($63.9m), Avance Inc ($65.6m) and Manned Space Flight Education Foundation Incorporated ($61.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $863k (1.3% of expenses). Other salaries and wages came to $12.7m. At year end it held assets of $70.4m against liabilities of $35.8m, net assets of $34.5m. It reported 449 employees.