The Alternative Programs Inc

Analysis

The Alternative Programs Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in May 1986, 40 years ago. 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 September 2023, The Alternative Programs Inc reported income of $749k and spending of $715k, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $611k to $749k (+23%), an average of +5.2% a year. The sharpest change came in the year to September 2022, when income rose by 82%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Alternative Programs Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include People Food & Land Foundation ($749k), Aspiring Scholars ($749k) and Willamette Valley Babe Ruth Baseball Inc ($749k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $486k. At year end it held assets of $1.5m against liabilities of $256k, net assets of $1.2m. It reported 15 employees.