Alliance for a Multiracial Society Inc

Analysis

Alliance for a Multiracial Society Inc is a registered charity in United States, based in N Brunswick, NJ. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2024, Alliance for a Multiracial Society Inc reported income of $82k and spending of $87k, spending 106% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $97k to $82k (-15%), an average of -15% a year. The sharpest change came in the year to June 2024, when income dropped by 15%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alliance for a Multiracial Society Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 39th percentile within NJ. Charities of a similar size with the same main cause include Noemi Press ($82k), Sewickley Valley Historical Society ($82k) and Raritan River Concerts Inc ($82k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 46% and program service revenue 53% of the total. At year end it held assets of $13k against liabilities of $120, net assets of $13k.