Community Alternatives Management Group Incorporated

Analysis

Community Alternatives Management Group Incorporated is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in March 1990, 36 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, Community Alternatives Management Group Incorporated reported income of $1.6m and spending of $1.8m, spending 115% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.6m to $1.6m (+1.8%), an average of +0.4% a year. The sharpest change came in the year to June 2021, when income dropped by 15%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Alternatives Management Group Incorporated sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within VA. Charities of a similar size with the same main cause include Young Womens Christian Association of Metropolitan Detroit ($1.6m), East Cooper Home Store Inc ($1.6m) and Community Options Foundation Inc ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $66k (3.6% of expenses). Other salaries and wages came to $512k. At year end it held assets of $5.5m against liabilities of $5.5m, net assets of $12k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.