Alliance Health Inc

Analysis

Alliance Health Inc is a registered charity in United States, based in Southborough, MA. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alliance Health Inc reported income of $1.8m and spending of $2.4m, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.8m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alliance Health Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Sarasota Medical Pregnancy Center Inc ($1.8m), Mission Doctors Group ($1.8m) and Magnolia Womens Recovery Program Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.7% of the total. Compensation of current officers, directors and key employees was $905k (38% of expenses). Other salaries and wages came to $318k. At year end it held assets of $33.4m against liabilities of $1.1m, net assets of $32.3m. It reported 8 employees.