Align the Alliance for a Greater Ny Inc

Analysis

Align the Alliance for a Greater Ny Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 December 2022, Align the Alliance for a Greater Ny Inc reported income of $1.8m and spending of $1.2m, leaving 35% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.4m to $1.8m (+32%), an average of +9.8% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 71% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Align the Alliance for a Greater Ny Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Child Therapy Institute of Marin ($1.8m), Sfmade ($1.8m) and South Valley Training Company ($1.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $111k (9.3% of expenses). At year end it held assets of $4.0m against liabilities of $330k, net assets of $3.7m. It reported 9 employees.