Salem Ministerial Alliance
Analysis
Salem Ministerial Alliance is a registered charity in United States, based in Salem, IL. It received its IRS tax-exemption ruling in February 1998, 28 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 May 2024, Salem Ministerial Alliance reported income of $58k and spending of $59k, spending 102% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $57k to $58k (+2.8%), an average of +2.8% a year. Over the whole period it spent 121% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Salem Ministerial Alliance sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within IL. Charities of a similar size with the same main cause include Giddings Area Care Center ($58k), Cottontown Fire Association ($58k) and American Center for Economic Advancement Incorporated ($58k).
On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 3.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Giddings Area Care Center | Giddings | $58k |
| Cottontown Fire Association | Cottontown | $58k |
| American Center for Economic Advancement Incorporated | San Diego | $58k |
| St Raphael Catholic Church St Vincent de Paul Conference | Naperville | $58k |