Alexander Youth Network

Analysis

Alexander Youth Network is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in March 1987, 39 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 September 2023, Alexander Youth Network reported income of $31.5m and spending of $32.8m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $22.3m to $31.5m (+41%), an average of +9.0% a year. The sharpest change came in the year to September 2020, when income rose by 20%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alexander Youth Network sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NC. Charities of a similar size with the same main cause include Human Resource Development Council of District IX Inc ($31.4m), Avow Hospice Inc ($31.5m) and Upcap Services Inc ($31.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $1.3m (4.0% of expenses). Other salaries and wages came to $17.5m. At year end it held assets of $14.3m against liabilities of $7.6m, net assets of $6.8m. It reported 721 employees.