The Power House Alliance Inc

Analysis

The Power House Alliance Inc is a registered charity in United States, based in New Haven, IN. It received its IRS tax-exemption ruling in October 1997, 29 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, The Power House Alliance Inc reported income of $157k and spending of $162k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $157k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 115% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Power House Alliance Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within IN. Charities of a similar size with the same main cause include Kingdom Coummunity Center Inc ($157k), The Seven Project Inc ($157k) and Aim High Center Inc ($157k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.2% of the total. At year end it held assets of $227k against liabilities of $7,273, net assets of $220k.