Alternatives Incorporated

Analysis

Alternatives Incorporated is a registered charity in United States, based in Hampton, VA. It received its IRS tax-exemption ruling in December 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Alternatives Incorporated reported income of $1.2m and spending of $1.3m, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.7m to $1.2m (-29%), an average of -6.5% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alternatives Incorporated sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include S a F E Harbour Inc ($1.2m), Dolls for Daughters and Kenzis Kidz ($1.2m) and Centro Hispano ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.9% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $90k (6.7% of expenses). Other salaries and wages came to $656k. At year end it held assets of $967k against liabilities of $133k, net assets of $834k. It reported 39 employees.