Alliance Home Services Inc

Analysis

Alliance Home Services Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in July 1991, 35 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Alliance Home Services Inc reported income of $10.8m and spending of $10.6m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $13.2m to $10.8m (-18%), an average of -4.9% a year. The sharpest change came in the year to June 2022, when income dropped by 16%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alliance Home Services Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include BSCS Science Learning ($10.8m), Pendleton Manor Inc ($10.8m) and Journeys End Refugee Services ($10.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $215k (2.0% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $5.5m against liabilities of $1.8m, net assets of $3.7m. It reported 358 employees.