Alc Inc

Analysis

Alc Inc is a registered charity in United States, based in Delta, CO. It received its IRS tax-exemption ruling in October 2008, 18 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 December 2023, Alc Inc reported income of $261k and spending of $149k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $72k to $261k (+264%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 258%. Over the whole period it spent 186% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alc Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include Help Housing for the Disabled ($261k), Christmas Project Inc ($261k) and Foster Love Ministries ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 9.9% of the total. Other salaries and wages came to $13k. At year end it held assets of $1.5m against liabilities of $2,408, net assets of $1.5m. It reported 2 employees.