Alamo Area Community Network

Analysis

Alamo Area Community Network is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in June 2022, 4 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, Alamo Area Community Network reported income of $3.5m and spending of $3.0m, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $590k to $3.5m (+494%), an average of +494% a year. The sharpest change came in the year to December 2023, when income rose by 494%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alamo Area Community Network sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Youth Health Service Inc ($3.5m), DLCCC Inc ($3.5m) and Center for Family Services Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $100k (3.3% of expenses). Other salaries and wages came to $85k. At year end it held assets of $569k against liabilities of $4,541, net assets of $565k. It reported 5 employees.