Alpine Education Services

Analysis

Alpine Education Services is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Alpine Education Services reported income of $15.9m and spending of $15.4m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.6m to $15.9m (+185%), an average of +30% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alpine Education Services sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include The Institute for Functional Medicine ($15.9m), Globe Academy Inc ($15.9m) and Lycee Francais de LA Nouvelle Orleans ($15.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.5% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $126k (0.8% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $111.3m against liabilities of $115.1m, net assets of -$3.8m. It reported 848 employees.