Albemarle Alliance for Children and Families Inc

Analysis

Albemarle Alliance for Children and Families Inc is a registered charity in United States, based in Elizabeth Cty, NC. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Albemarle Alliance for Children and Families Inc reported income of $3.3m and spending of $3.2m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.0m to $3.3m (+8.8%), an average of +2.1% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Albemarle Alliance for Children and Families Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Hope for Tomorrow Foundation ($3.2m), Connect Community Charter School ($3.3m) and Cincinnati Center for Autism ($3.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 84% and program service revenue 12% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $95k against liabilities of $77k, net assets of $18k. It reported 64 employees.