The Fenway Alliance Inc

Analysis

The Fenway Alliance Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in May 1977, 49 years ago. 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 2023, The Fenway Alliance Inc reported income of $317k and spending of $307k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $332k to $317k (-4.6%), an average of -1.2% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Fenway Alliance Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Boys & Girls Club of Red Lodge & the Beartooth Front Inc ($317k), American Marketing Association Inc ($317k) and Sisters of the Immaculate Heart of Mary of Mirinae ($317k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $167k (54% of expenses). At year end it held assets of $403k against liabilities of $44k, net assets of $358k. It reported 2 employees.