Alano Club Inc

Analysis

Alano Club Inc is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in March 1948, 78 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Alano Club Inc reported income of $95k and spending of $111k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $124k to $95k (-24%), an average of -6.5% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 114% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Alano Club Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 31st percentile within WA. Charities of a similar size with the same main cause include Dream Tree Mission ($95k), Consolidated Electric Foundation Inc ($95k) and Bellingham Central Lions Club Foundation ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. Compensation of current officers, directors and key employees was $35k (32% of expenses). At year end it held assets of $498k against liabilities of $0, net assets of $498k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.