Alamo Events Inc

Analysis

Alamo Events Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 March 2024, Alamo Events Inc reported income of $411k and spending of $281k, leaving 32% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $361k to $411k (+14%), an average of +3.3% a year. The sharpest change came in the year to March 2021, when income dropped by 48%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Alamo Events Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Greater Hayward Area Recreation & Park Foundation ($411k), Belmond Community Hospital Foundation ($412k) and Thanksgiving Heroes SLC Inc ($410k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 83% of the total. Compensation of current officers, directors and key employees was $43k (15% of expenses). Other salaries and wages came to $51k. At year end it held assets of $2.3m against liabilities of $230k, net assets of $2.1m.