Alpha Supported Living Services

Analysis

Alpha Supported Living Services is a registered charity in United States, based in Bothell, WA. It received its IRS tax-exemption ruling in September 1974, 52 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 Supported Living Services reported income of $55.1m and spending of $54.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $30.0m to $55.1m (+84%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 46%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alpha Supported Living Services sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WA. Charities of a similar size with the same main cause include Messiah Home ($55.0m), Southwest Boston Senior Services Inc ($55.3m) and Everyage ($54.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $876k (1.6% of expenses). Other salaries and wages came to $42.2m. At year end it held assets of $21.8m against liabilities of $9.0m, net assets of $12.8m. It reported 1,091 employees.