Alexander Childrens Foundation Incorporated

Analysis

Alexander Childrens Foundation Incorporated is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in February 2017, 9 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Alexander Childrens Foundation Incorporated reported income of $2.0m and spending of $818k, leaving 58% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.0m to $2.0m (+87%), an average of +17% a year. The sharpest change came in the year to September 2020, when income rose by 213%. Over the whole period it spent 13% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Alexander Childrens Foundation Incorporated sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include The Conservation Alliance ($2.0m), Ashland Community Hospital Foundation ($2.0m) and National Christian Charitable Foundation Inc ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 75% of the total. Compensation of current officers, directors and key employees was $130k (16% of expenses). Other salaries and wages came to $342k. At year end it held assets of $16.8m against liabilities of $125k, net assets of $16.7m. It reported 6 employees.