Alpha Aid

Analysis

Alpha Aid is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2024, Alpha Aid reported income of $102k and spending of $184k, spending 181% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $260k to $102k (-61%), an average of -61% a year. The sharpest change came in the year to June 2024, when income dropped by 61%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alpha Aid sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Jefferson Alcoholic Foundation Inc ($102k), Tuxedo Volunteer Ambulance Corps Inc ($102k) and Glam-A-Thon Inc ($102k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.