Alight

Analysis

Alight is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 1979, 47 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 March 2023, Alight reported income of $81.8m and spending of $70.7m, spending 86% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $59.7m to $81.8m (+37%), an average of +8.2% a year. The sharpest change came in the year to March 2023, when income rose by 31%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Alight sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MN. Charities of a similar size with the same main cause include International Livestock Research Institute ($81.0m), Oxfam-America Inc ($83.1m) and American School Foundation Ac ($80.7m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $980k (1.4% of expenses). Other salaries and wages came to $25.9m. At year end it held assets of $55.9m against liabilities of $8.8m, net assets of $47.1m. It reported 98 employees.