Ithaca Alpha House Center Inc

Ithaca Alpha House Center Inc shows consistent revenue and asset growth, though recent expenses exceeded income.

EIN: 160991369 · Ithaca, NY · NTEE: F22Z · Updated: 2026-03-28

$6.9MRevenue

$7.3MAssets

88/100Mission Score (Excellent)

F22Z

About Ithaca Alpha House Center Inc

Ithaca Alpha House Center Inc (EIN: 160991369) is a nonprofit organization based in Ithaca, NY, classified under NTEE code F22Z. The organization reported total revenue of $6.9M and total assets of $7.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ithaca Alpha House Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Ithaca Alpha House Center Inc demonstrates a generally stable financial position, with consistent revenue streams over the past decade, averaging around $5 million annually. The organization's assets have shown growth, reaching $7,304,557 in the latest period, indicating a healthy balance sheet. However, the most recent filing (202312) shows expenses exceeding revenue by nearly $600,000 ($6,640,199 in expenses vs. $6,051,099 in revenue), which warrants monitoring to ensure long-term sustainability. Despite this, the organization has historically managed its expenses well, often operating with a surplus or near break-even.

Spending efficiency appears to be strong, with a significant portion of expenses likely directed towards program services, given the NTEE code F22Z (Transitional Housing). The absence of reported officer compensation across all available filings suggests a lean administrative structure at the executive level, which is a positive indicator for donor confidence. The organization's liabilities have fluctuated but remain manageable relative to its assets.

Transparency is high, as evidenced by the consistent filing of IRS Form 990s over many years, providing a clear historical financial record. The lack of reported officer compensation further enhances transparency regarding how funds are allocated. Overall, while the recent deficit is a point to watch, Ithaca Alpha House Center Inc appears to be a financially sound and efficiently run organization with a strong commitment to its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Ithaca Alpha House Center Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Ithaca Alpha House Center Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that top executives are either unpaid volunteers or compensated through other means not classified as officer compensation, which is highly unusual for an organization of this size ($6M+ revenue).

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Ithaca Alpha House Center Inc's IRS 990 filings:

Expenses exceeded revenue by $589,100 in the most recent 202312 filing, indicating a potential operating deficit.
Consistent 0% officer compensation for an organization with over $6M in revenue is highly unusual and warrants further inquiry into executive compensation structures.

Strengths

The following positive indicators were identified for Ithaca Alpha House Center Inc:

Consistent revenue growth from $3.4M in 2014 to over $6M in 2023.
Healthy and growing asset base, reaching $7,304,557 in the latest period.
Strong transparency with consistent IRS 990 filings over 13 periods.
Implied high program spending efficiency due to 0% reported officer compensation and NTEE code F22Z (Transitional Housing).

Frequently Asked Questions about Ithaca Alpha House Center Inc

Is Ithaca Alpha House Center Inc a good charity?

Based on its consistent financial filings, strong program focus (implied by NTEE and lack of officer compensation), and healthy asset base, it appears to be a good charity, effectively managing its resources for its mission.

Why is officer compensation consistently 0%?

The consistent reporting of 0% officer compensation across all 13 filings is unusual for an organization with over $6 million in annual revenue. This could mean executives are volunteers, compensated as regular employees, or through a related entity, which would require further investigation for full clarity.

What caused the deficit in the 202312 period?

In the 202312 period, expenses ($6,640,199) exceeded revenue ($6,051,099) by $589,100. The specific reasons for this deficit are not detailed in the summary data but could be due to increased program costs, one-time expenditures, or a temporary dip in funding.

How has the organization's financial stability changed over time?

The organization has shown consistent revenue growth from $3.4M in 2014 to over $6M in recent years, and assets have steadily increased from $3.5M to over $7.3M. While there was a recent deficit, the overall trend indicates financial growth and stability over the decade.

Filing History

IRS 990 filing history for Ithaca Alpha House Center Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Ithaca Alpha House Center Inc's revenue has grown by 98.7%, moving from $3.0M to $6.1M. Total assets increased by 70.5% over the same period, from $3.6M to $6.2M. Total functional expenses rose by 124.4%, from $3.0M to $6.6M. In its most recent filing year (2023), Ithaca Alpha House Center Inc reported a deficit of $589K, with expenses exceeding revenue. The organization holds $3.9M in liabilities against $6.2M in assets (debt-to-asset ratio: 62.8%), resulting in net assets of $2.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$6.1M	$6.6M	$6.2M	$3.9M	—	—
2022	$6.3M	$5.4M	$6.2M	$3.4M	—	View 990
2021	$5.9M	$5.1M	$5.1M	$1.3M	—	View 990
2020	$5.9M	$5.4M	$5.8M	$2.3M	—	View 990
2019	$6.2M	$5.5M	$5.1M	$2.1M	—	View 990
2018	$5.6M	$4.8M	$4.3M	$2.0M	—	View 990
2017	$4.0M	$3.8M	$3.4M	$2.1M	—	View 990
2016	$3.6M	$3.3M	$3.3M	$2.2M	—	View 990
2015	$3.5M	$3.3M	$3.4M	$2.5M	—	View 990
2014	$3.5M	$3.4M	$3.6M	$2.8M	—	View 990
2013	$3.4M	$3.2M	$3.5M	$2.8M	—	View 990
2012	$3.3M	$3.3M	$3.5M	$3.0M	—	View 990
2011	$3.0M	$3.0M	$3.6M	$3.2M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $6.1M, expenses of $6.6M, and assets of $6.2M (revenue -4.3% year-over-year).
2022: Revenue of $6.3M, expenses of $5.4M, and assets of $6.2M (revenue +7.3% year-over-year).
2021: Revenue of $5.9M, expenses of $5.1M, and assets of $5.1M (revenue +0.3% year-over-year).
2020: Revenue of $5.9M, expenses of $5.4M, and assets of $5.8M (revenue -5.6% year-over-year).
2019: Revenue of $6.2M, expenses of $5.5M, and assets of $5.1M (revenue +11.7% year-over-year).
2018: Revenue of $5.6M, expenses of $4.8M, and assets of $4.3M (revenue +40.4% year-over-year).
2017: Revenue of $4.0M, expenses of $3.8M, and assets of $3.4M (revenue +11.5% year-over-year).
2016: Revenue of $3.6M, expenses of $3.3M, and assets of $3.3M (revenue +2.8% year-over-year).
2015: Revenue of $3.5M, expenses of $3.3M, and assets of $3.4M (revenue -0.8% year-over-year).
2014: Revenue of $3.5M, expenses of $3.4M, and assets of $3.6M (revenue +3.8% year-over-year).
2013: Revenue of $3.4M, expenses of $3.2M, and assets of $3.5M (revenue +0.9% year-over-year).
2012: Revenue of $3.3M, expenses of $3.3M, and assets of $3.5M (revenue +9.5% year-over-year).
2011: Revenue of $3.0M, expenses of $3.0M, and assets of $3.6M.

Data Sources and Methodology

This transparency report for Ithaca Alpha House Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.