Alongside Families

Analysis

Alongside Families is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Alongside Families reported income of $359k and spending of $288k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $234k to $359k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alongside Families sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Motor for Toys Charitable Foundation ($359k), Mt Olive Affordable Housing & DCD Inc ($359k) and Community Ministry of Prince George S County Maryland ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $206k. At year end it held assets of $256k against liabilities of $6,719, net assets of $249k. It reported 8 employees.