Alture Community Development Corporation

Analysis

Alture Community Development Corporation is a registered charity in United States, based in St CLR Shores, MI. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Alture Community Development Corporation reported income of $52k and spending of $39k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $250k to $52k (-79%), an average of -54% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 23% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Alture Community Development Corporation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within MI. Charities of a similar size with the same main cause include Community Involvement for Kids Inc ($52k), Onbikes Pensacola Inc ($52k) and Dw61 Foundation Inc ($52k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $412k against liabilities of $59k, net assets of $352k.