New York Alliance for Inclusion and Innovation Inc

Analysis

New York Alliance for Inclusion and Innovation Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, New York Alliance for Inclusion and Innovation Inc reported income of $3.6m and spending of $3.3m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $3.6m (+0.3%), an average of +0.1% a year. The sharpest change came in the year to June 2021, when income dropped by 28%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New York Alliance for Inclusion and Innovation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Arrive Ministries ($3.6m), Bay County Council on Aging Inc ($3.6m) and The Arc of Pennsylvania ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $309k (9.2% of expenses). Other salaries and wages came to $839k. At year end it held assets of $3.0m against liabilities of $1.4m, net assets of $1.5m. It reported 14 employees.