Allied Community Services Inc

Analysis

Allied Community Services Inc is a registered charity in United States, based in Enfield, CT. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Allied Community Services Inc reported income of $1.7m and spending of $1.6m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.7m (+48%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Allied Community Services Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within CT. Charities of a similar size with the same main cause include Friends of the Library Montgomery County MD Inc ($1.7m), Rose Hill Foundation ($1.7m) and American Friends of Chasdei Yosef Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $464k (28% of expenses). Other salaries and wages came to $728k. At year end it held assets of $2.1m against liabilities of $187k, net assets of $1.9m. It reported 17 employees.