Alturas Institute Inc

Analysis

Alturas Institute Inc is a registered charity in United States, based in Idaho Falls, ID. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Alturas Institute Inc reported income of $104k and spending of $128k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $133k to $104k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alturas Institute Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within ID. Charities of a similar size with the same main cause include MZ Foundation ($104k), Central Music Boosters ($104k) and Ignite College and Career Academy ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. At year end it held assets of $12k against liabilities of $555, net assets of $11k.