Alpha Charter of Excellence Inc

Analysis

Alpha Charter of Excellence Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Alpha Charter of Excellence Inc reported income of $3.3m and spending of $3.6m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $3.3m (+9.1%), an average of +2.2% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alpha Charter of Excellence Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Heritage Christian School of Hudsonville Michigan ($3.3m), Amskills Inc ($3.3m) and Pleasant View Christian School Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 92% of the total. At year end it held assets of $2.6m against liabilities of $2.5m, net assets of $138k. It reported 34 employees.