Alefba Group

Analysis

Alefba Group is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alefba Group reported income of $121k and spending of $149k, spending 123% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $201k to $121k (-40%), an average of -22% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alefba Group sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 37th percentile within WA. Charities of a similar size with the same main cause include Arthaus Foundation Inc ($121k), Peterborough Historical Soc ($121k) and Core Academy of Science Incorporated ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $326k against liabilities of $760, net assets of $325k.