Ed Allies

Analysis

Ed Allies is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ed Allies reported income of $1.2m and spending of $1.0m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.2m (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ed Allies sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Crossing Thresholds Inc ($1.2m), Montclair Housing Corporation ($1.2m) and The Lower Lab School Parent Teachers Association Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $141k (14% of expenses). Other salaries and wages came to $413k. At year end it held assets of $1.9m against liabilities of $186k, net assets of $1.7m. It reported 10 employees.