Alliance Health of Massachusetts Inc

Analysis

Alliance Health of Massachusetts Inc is a registered charity in United States, based in Southborough, MA. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Alliance Health of Massachusetts Inc reported income of $16.9m and spending of $15.4m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.9m to $16.9m (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Alliance Health of Massachusetts Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Alliance Health of Southeastern Massachusetts Inc ($16.9m), Commonwealth Multifamly Housing Corporation ($16.9m) and Tri-County Housing Inc ($16.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Other salaries and wages came to $6.1m. At year end it held assets of $11.1m against liabilities of $13.4m, net assets of -$2.3m. It reported 181 employees.