Alamo Heights Optimist Inc

Analysis

Alamo Heights Optimist Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Alamo Heights Optimist Inc reported income of $94k and spending of $119k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $94k (+118%), an average of +118% a year. The sharpest change came in the year to December 2023, when income rose by 118%. Over the whole period it spent 147% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Alamo Heights Optimist Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Brothers Project ($94k), One Solider at a Time ($94k) and Csh2o Charitable Foundation Corporation ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.