Alternative Homes for Youth

Analysis

Alternative Homes for Youth is a registered charity in United States, based in Greeley, CO. It received its IRS tax-exemption ruling in March 1976, 50 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Alternative Homes for Youth reported income of $2.5m and spending of $2.3m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.0m to $2.5m (+25%), an average of +7.8% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alternative Homes for Youth sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Modern Mental Health Inc ($2.5m), New York Center for Living ($2.5m) and Riley Cheer Guild Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $215k (9.5% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.3m against liabilities of $143k, net assets of $1.2m. It reported 40 employees.