Alpha House a Place for New Beginnings

Analysis

Alpha House a Place for New Beginnings is a registered charity in United States, based in Taft, CA. It received its IRS tax-exemption ruling in March 2017, 9 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 October 2023, Alpha House a Place for New Beginnings reported income of $142k and spending of $140k, spending 98% of its income. Across the 3 years on record, from October 2021 to October 2023, income fell from $164k to $142k (-14%), an average of -7.1% a year. The sharpest change came in the year to October 2022, when income dropped by 31%. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alpha House a Place for New Beginnings sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Itnlehighvalley ($142k), Learfield Family Fund ($142k) and Rise Above Poverty Inc ($142k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $67k against liabilities of $47k, net assets of $21k.