Alis Way

Analysis

Alis Way is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Alis Way reported income of $51k and spending of $51k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $92k to $51k (-44%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 602%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alis Way sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within TN. Charities of a similar size with the same main cause include Ech Legacy Inc ($51k), Wellark Foundation ($51k) and Denver Pet Partners ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $69k against liabilities of $12k, net assets of $57k.