Alliance Industries Inc

Analysis

Alliance Industries Inc is a registered charity in United States, based in Garrett, IN. It received its IRS tax-exemption ruling in February 1977, 49 years ago. Its declared purposes cover employment, 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, Alliance Industries Inc reported income of $473k and spending of $214k, leaving 55% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $293k to $473k (+61%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 52%. Over the whole period it spent 56% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Alliance Industries Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IN. Charities of a similar size with the same main cause include Tampa Bay Community & Family Development Corporation ($473k), Ripple Effects Group ($473k) and Maureens Haven Inc ($473k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 21% of the total. Other salaries and wages came to $146k. At year end it held assets of $565k against liabilities of $68k, net assets of $497k. It reported 55 employees.