Alliance Financial Ministries

Analysis

Alliance Financial Ministries is a registered charity in United States, based in Pearland, TX. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Alliance Financial Ministries reported income of $90k and spending of $120k, spending 133% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $142k to $90k (-37%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alliance Financial Ministries sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Voice to the Nations Ministries Inc ($90k), Foodiversity ($90k) and Construction Industry Education Foundation Inc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 9.4% of the total. At year end it held assets of $68k against liabilities of $59k, net assets of $8,514.