True Alliance Center Inc

Analysis

True Alliance Center Inc is a registered charity in United States, based in Mattapan, MA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, True Alliance Center Inc reported income of $401k and spending of $364k, spending 91% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $292k to $401k (+37%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, True Alliance Center Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Haven of the Dan River Region ($401k), The Branches Outreach ($401k) and Biddeford Food Pantry ($401k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $117k. At year end it held assets of $81k against liabilities of $0, net assets of $81k.