Alexandria Small Business Development Center

Analysis

Alexandria Small Business Development Center is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in November 1999, 27 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Alexandria Small Business Development Center reported income of $419k and spending of $353k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $402k to $419k (+4.2%), an average of +1.0% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Alexandria Small Business Development Center sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include Sales & Marketing Education Foundation Inc ($419k), Change Course ($419k) and Green County Development ($419k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $110k. At year end it held assets of $793k against liabilities of $253k, net assets of $541k.