Alcott Ministries Inc

Analysis

Alcott Ministries Inc is a registered charity in United States, based in Broken Arrow, OK. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Alcott Ministries Inc reported income of $165k and spending of $158k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $156k to $165k (+6.1%), an average of +6.1% a year. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Alcott Ministries Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within OK. Charities of a similar size with the same main cause include 32nd St Legacy Fund ($165k), The Underground Inc ($165k) and Religion Outside the Box ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $4,887, net assets of $34k.