Alliance for Compassion and Educational Development - Aced

Analysis

Alliance for Compassion and Educational Development - Aced is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Alliance for Compassion and Educational Development - Aced reported income of $543k and spending of $641k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $572k to $543k (-5.1%), an average of -1.3% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alliance for Compassion and Educational Development - Aced sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Blind Service Association Inc ($543k), Sandy Springs Mission ($543k) and Meals on Wheels of Central Alabama ($543k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $127k (20% of expenses). Other salaries and wages came to $192k. At year end it held assets of $358k against liabilities of $13k, net assets of $345k. It reported 5 employees.