Alliance of Community Assistance Ministries Inc

Analysis

Alliance of Community Assistance Ministries Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2011, 15 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 of Community Assistance Ministries Inc reported income of $5.4m and spending of $5.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $5.4m (+379%), an average of +48% a year. The sharpest change came in the year to December 2020, when income rose by 126%. 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, Alliance of Community Assistance Ministries Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Grow Greater Englewood Inc ($5.4m), Jewish Vocational Service of Metro West ($5.4m) and Outpost Centers International ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $177k (3.3% of expenses). Other salaries and wages came to $813k. It paid $12k in professional fundraising fees. At year end it held assets of $3.1m against liabilities of $1.3m, net assets of $1.9m. It reported 35 employees.