112 Alves Lane Inc a California Nonprofit Public Benefit Corp

Analysis

112 Alves Lane Inc a California Nonprofit Public Benefit Corp is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in January 1995, 31 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, 112 Alves Lane Inc a California Nonprofit Public Benefit Corp reported income of $514k and spending of $652k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $755k to $514k (-32%), an average of -9.2% a year. The sharpest change came in the year to December 2022, when income rose by 101%. Over the whole period it spent 225% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 112 Alves Lane Inc a California Nonprofit Public Benefit Corp sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Victim Offender Reconciliation Program Inc ($514k), Habitat for Humanity International Inc ($514k) and National Association of Miniature Enthusiasts ($514k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.1% and program service revenue 92% of the total. At year end it held assets of $2.2m against liabilities of $5.1m, net assets of -$2.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.