Alpha House of Pinellas County Inc

Analysis

Alpha House of Pinellas County Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in January 1981, 45 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 June 2023, Alpha House of Pinellas County Inc reported income of $1.6m and spending of $1.1m, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $926k to $1.6m (+78%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alpha House of Pinellas County Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Lower Cape Fear Hospice Foundation Inc ($1.6m), Familytime Crisis and Counseling Center ($1.6m) and Big Creek Missions ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $60k (5.6% of expenses). Other salaries and wages came to $523k. At year end it held assets of $2.0m against liabilities of $72k, net assets of $2.0m. It reported 18 employees.