Allegro Organizational Solutions Inc

Analysis

Allegro Organizational Solutions Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, Allegro Organizational Solutions Inc reported income of $34.4m and spending of $34.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $20.8m to $34.4m (+65%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Allegro Organizational Solutions Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Water Missions International ($34.1m), The Shalom Hartman Institute of North America ($34.5m) and Accion International ($34.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $220k (0.6% of expenses). Other salaries and wages came to $7.0m. At year end it held assets of $3.5m against liabilities of $114k, net assets of $3.4m. It reported 179 employees.