Alpha Omega Kappa Inc

Analysis

Alpha Omega Kappa Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in March 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, Alpha Omega Kappa Inc reported income of $102k and spending of $78k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $449k to $102k (-77%), an average of -52% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 24% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alpha Omega Kappa Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within NV. Charities of a similar size with the same main cause include Shreveport Independent Living Inc ($102k), Retired Teachers Incorporated ($102k) and Towns County Cooperative Ministries Inc ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $32k (41% of expenses). At year end it held assets of $520k against liabilities of $118, net assets of $520k. It reported 1 employees.