Allies Inc

Analysis

Allies Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 2011, 15 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, Allies Inc reported income of $228k and spending of $265k, spending 117% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $195k to $228k (+17%), an average of +5.4% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Allies Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within IN. Charities of a similar size with the same main cause include Least of These Ministries Inc ($227k), Third Day Missions Inc ($228k) and Love for Kenya ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $53k (20% of expenses). Other salaries and wages came to $115k. At year end it held assets of $48k against liabilities of $0, net assets of $48k. It reported 17 employees.