Altrusa International Foundation Inc

Analysis

Altrusa International Foundation Inc is a registered charity in United States, based in Longview, WA. It received its IRS tax-exemption ruling in December 1985, 41 years ago. 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 May 2023, Altrusa International Foundation Inc reported income of $279k and spending of $260k, spending 93% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $229k to $279k (+22%), an average of +6.7% a year. The sharpest change came in the year to May 2021, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Altrusa International Foundation Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within WA. Charities of a similar size with the same main cause include Life Ministries ($279k), Mount Desert Island Historical Society ($279k) and Fargo-Moorhead Curling Club ($279k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $415k against liabilities of $0, net assets of $415k.