Alpha Omega Institute Inc

Analysis

Alpha Omega Institute Inc is a registered charity in United States, based in Grand JCT, CO. It received its IRS tax-exemption ruling in July 1985, 41 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 December 2023, Alpha Omega Institute Inc reported income of $934k and spending of $724k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $578k to $934k (+62%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alpha Omega Institute Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within CO. Charities of a similar size with the same main cause include North Central Technical College Foundation ($934k), Sexual Assault Resource Center ($934k) and The Waldorf School of Mendocino County ($934k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $118k (16% of expenses). Other salaries and wages came to $252k. At year end it held assets of $1.3m against liabilities of $544k, net assets of $756k. It reported 13 employees.