Alpha Learning Center Inc

Analysis

Alpha Learning Center Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in July 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, Alpha Learning Center Inc reported income of $171k and spending of $166k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $171k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alpha Learning Center Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Les Voyageurs Incorporated ($171k), Friends of Mount Allison University Inc 107 Westport Avenue ($171k) and Help Sami Kick Cancer Foundation Inc ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $4,613 against liabilities of $0, net assets of $4,613.