Alliance University

Analysis

Alliance University is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1958, 68 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Alliance University reported income of $41.9m and spending of $57.1m, spending 136% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $48.7m to $41.9m (-14%), an average of -3.7% a year. The sharpest change came in the year to June 2021, when income rose by 96%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alliance University sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Trinity Christian College Association ($41.9m), Achievement First Inc ($41.9m) and Aplus Charter Schools Inc ($41.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $332k (0.6% of expenses). Other salaries and wages came to $13.6m. At year end it held assets of $49.8m against liabilities of $92.2m, net assets of -$42.4m. It reported 644 employees.