Alexander House Foundation

Analysis

Alexander House Foundation is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in August 1940, 86 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Alexander House Foundation reported income of $123k and spending of $178k, spending 145% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $141k to $123k (-13%), an average of -3.4% a year. The sharpest change came in the year to June 2023, when income dropped by 30%. Over the whole period it spent 135% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alexander House Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include W Connection Inc ($123k), Friends of the Fisher House of Southern Louisiana ($123k) and Senior Lift Center Inc ($123k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% of the total. Other salaries and wages came to $24k. It paid $1,876 in professional fundraising fees. At year end it held assets of $2.7m against liabilities of $483, net assets of $2.7m.