Alotian Charitable Events

Analysis

Alotian Charitable Events is a registered charity in United States, based in Roland, AR. It received its IRS tax-exemption ruling in December 2018, 8 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 December 2023, Alotian Charitable Events reported income of $3.0m and spending of $3.3m, spending 111% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $70k to $3.0m (+4195%), an average of +112% a year. The sharpest change came in the year to December 2022, when income rose by 147700%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Alotian Charitable Events sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within AR. Charities of a similar size with the same main cause include Community Foundation of West Alabama ($3.0m), The Florida Concrete Masonry Education Council Inc ($3.0m) and Wayne County Community Foundation ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $574k against liabilities of $0, net assets of $574k.