Alliance for Progress

Analysis

Alliance for Progress is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 2018, 8 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, Alliance for Progress reported income of $199k and spending of $171k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $269k to $199k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alliance for Progress sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Helping Hand Crisis Ministry of Spicewood ($199k), Athletes Without Limits ($199k) and Audubon County Agricultural Society ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $318k against liabilities of $0, net assets of $318k.