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Alba Executive Development & Applied Research in Business Admin

RegisteredEIN 98-1108496GreeceEducation and training
Income$2.3m2024-06
Spending$2.3msame year
Spent / received103%6-year average
Size in its cause83rd pctEducation and training
Exempt since2015School
Employees0latest return

Analysis

Alba Executive Development & Applied Research in Business Admin is a registered charity in United States, based in Greece. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3).

In the financial year ending June 2024, Alba Executive Development & Applied Research in Business Admin reported income of $2.3m and spending of $2.3m, spending 98% of its income. Across the 6 years on record, from December 2019 to June 2024, income grew from $1.7m to $2.3m (+34%), an average of +6.1% a year. The sharpest change came in the year to June 2023, when income rose by 60%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alba Executive Development & Applied Research in Business Admin sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile. Charities of a similar size with the same main cause include Creative Ladder ($2.3m), Sadie Nash Leadership Project Inc ($2.3m) and Aim High School ($2.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 26% and program service revenue 73% of the total. Other salaries and wages came to $525k. At year end it held assets of $4.3m against liabilities of $475k, net assets of $3.8m.

Income and spending

$0$671k$1.3m$2.0m$2.7m2019 Income: $1,725,6322019 Spending: $1,858,61120192020 Income: $2,420,3232020 Spending: $2,685,06820202021 Income: $2,167,6002021 Spending: $2,196,95620212022 Income: $1,294,2442022 Spending: $1,252,45320222023 Income: $2,070,4392023 Spending: $2,043,82220232024 Income: $2,320,5152024 Spending: $2,269,5952024
IncomeSpending

Where the income comes from

  • Contributions & grants 26%
  • Program services 73%
  • Other 0.8%

Similar-sized charities, same cause

CharityLocationIncome
Creative LadderWashington$2.3m
Sadie Nash Leadership Project IncNew York$2.3m
Aim High SchoolAnn Arbor$2.3m
Virginia Foundation for Independent CollegesRichmond$2.3m