Alpha Ministries Canada

Analysis

Alpha Ministries Canada is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in May 2015, 11 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 December 2023, Alpha Ministries Canada reported income of $10.2m and spending of $10.2m, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $6.1m to $10.2m (+69%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 114%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alpha Ministries Canada sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile. Charities of a similar size with the same main cause include Childrens School Inc ($10.2m), H & H Lee Charitable Foundation ($10.2m) and Discovery Institute ($10.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.9% of the total. Other salaries and wages came to $3.4m. At year end it held assets of $4.2m against liabilities of $75k, net assets of $4.1m.