Alpha Center

Analysis

Alpha Center is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in May 1988, 38 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 Center reported income of $780k and spending of $904k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $625k to $780k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alpha Center sits at the 75th 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 75th percentile within CO. Charities of a similar size with the same main cause include East Smithfield Public Library ($780k), Nonprofit Leadership Alliance ($780k) and United Way of Grayson County Inc ($780k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $194k (21% of expenses). Other salaries and wages came to $389k. At year end it held assets of $779k against liabilities of $3,834, net assets of $776k. It reported 15 employees.