Community Alternatives Incorporated

Analysis

Community Alternatives Incorporated is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in February 1981, 45 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Community Alternatives Incorporated reported income of $15.4m and spending of $16.0m, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $14.2m to $15.4m (+8.9%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income dropped by 16%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Alternatives Incorporated sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include Comunidades Latinas Unidas En Servicio Inc ($15.4m), Communities Unlimited Inc ($15.5m) and First Resources Corp ($15.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $595k (3.7% of expenses). Other salaries and wages came to $8.9m. At year end it held assets of $15.3m against liabilities of $10.8m, net assets of $4.5m. It reported 329 employees.