Alpha Management Community Services Inc

Analysis

Alpha Management Community Services Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alpha Management Community Services Inc reported income of $3.6m and spending of $3.1m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.6m (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alpha Management Community Services Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Illinois Presbyterian Home ($3.6m), Mandys Special Farm ($3.6m) and New Jersey YMCA State Alliance Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $225k (7.4% of expenses). Other salaries and wages came to $498k. At year end it held assets of $2.3m against liabilities of $17k, net assets of $2.3m.