Alleghany County Group Homes Inc

Analysis

Alleghany County Group Homes Inc is a registered charity in United States, based in Sparta, NC. It received its IRS tax-exemption ruling in April 1985, 41 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2023, Alleghany County Group Homes Inc reported income of $961k and spending of $984k, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $769k to $961k (+25%), an average of +7.7% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alleghany County Group Homes Inc 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 79th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Valley Girls and Guys ($960k), World Telehealth Initiative ($961k) and Health Access Fund ($960k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Other salaries and wages came to $472k. At year end it held assets of $1.5m against liabilities of $302k, net assets of $1.2m. It reported 50 employees.