Alano Society of Rapid City

Analysis

Alano Society of Rapid City is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in November 1993, 33 years ago. 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 2023, Alano Society of Rapid City reported income of $132k and spending of $136k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $132k (+5.3%), an average of +5.3% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alano Society of Rapid City sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within SD. Charities of a similar size with the same main cause include Woodland Productions ($131k), Denny and Marge Hazen Ministries Inc ($132k) and Ace Mentor Program of America Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.8% of the total. At year end it held assets of $460k against liabilities of $29k, net assets of $431k.