North Eastern Stragetic Alliance Inc

Analysis

North Eastern Stragetic Alliance Inc is a registered charity in United States, based in Florence, SC. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, North Eastern Stragetic Alliance Inc reported income of $2.4m and spending of $2.5m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.6m to $2.4m (-4.4%), an average of -1.1% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, North Eastern Stragetic Alliance Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within SC. Charities of a similar size with the same main cause include Freedom Communities ($2.4m), Serving Hands Community Development Corporation ($2.4m) and Fifth Street Renaissance ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $295k (12% of expenses). Other salaries and wages came to $224k. At year end it held assets of $900k against liabilities of $0, net assets of $900k. It reported 4 employees.