Alcove Learning

Analysis

Alcove Learning is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Alcove Learning reported income of $157k and spending of $154k, spending 98% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $164k to $157k (-4.3%), an average of -4.3% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alcove Learning sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Clayton Rotary Foundation Inc ($157k), Coast Community College District Foundation ($157k) and Welles Remy Crowther Charitable TR ($157k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.3% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.