Alk Positive Incorporated

Analysis

Alk Positive Incorporated is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 2021, 5 years ago. 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, Alk Positive Incorporated reported income of $2.6m and spending of $3.4m, spending 130% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.8m to $2.6m (+45%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alk Positive Incorporated sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within GA. Charities of a similar size with the same main cause include Terrace Gardens Inc ($2.6m), Caramore Community Inc ($2.6m) and Boy Scouts of America ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $337k (9.9% of expenses). Other salaries and wages came to $70k. At year end it held assets of $4.7m against liabilities of $1.0m, net assets of $3.7m. It reported 4 employees.