The Alex Foundation Inc

Analysis

The Alex Foundation Inc is a registered charity in United States, based in Swampscott, MA. It received its IRS tax-exemption ruling in September 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, The Alex Foundation Inc reported income of $301k and spending of $298k, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $194k to $301k (+55%), an average of +9.2% a year. The sharpest change came in the year to December 2019, when income rose by 79%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Alex Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Pregnancy Lifeline ($301k), Dublin Manor Inc ($301k) and Little Falls Youth Hockey Inc ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $110k. At year end it held assets of $757k against liabilities of $0, net assets of $757k. It reported 28 employees.