Alco-An Club Inc

Analysis

Alco-An Club Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in July 1967, 59 years ago. 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, Alco-An Club Inc reported income of $71k and spending of $78k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $67k to $71k (+5.3%), an average of +1.3% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alco-An Club Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Rotary Club of Hagerstown Charitable Foundation Inc ($71k), Central Community Center ($71k) and PTA Delaware Congress ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $956k against liabilities of $0, net assets of $956k.