Alliance Health of Southeastern Massachusetts Inc

Analysis

Alliance Health of Southeastern Massachusetts Inc is a registered charity in United States, based in Southborough, MA. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Alliance Health of Southeastern Massachusetts Inc reported income of $16.9m and spending of $14.4m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.1m to $16.9m (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Alliance Health of Southeastern Massachusetts Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Tri-County Housing Inc ($16.8m), Alliance Health of Massachusetts Inc ($16.9m) and Eastern Carolina Homelessness Organization Inc ($16.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Other salaries and wages came to $7.1m. At year end it held assets of $18.0m against liabilities of $14.2m, net assets of $3.7m. It reported 188 employees.