Alliance Community Foundation

Analysis

Alliance Community Foundation is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Community Foundation reported income of $1.1m and spending of $1.0m, spending 95% of its income. Across the 5 years on record, from December 2018 to December 2023, income fell from $2.8m to $1.1m (-61%), an average of -21% a year. The sharpest change came in the year to December 2021, when income dropped by 48%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Alliance Community Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within DE. Charities of a similar size with the same main cause include Met Cares Foundation Inc ($1.1m), United Way of Kitsap County ($1.1m) and Houston Womens Business Council Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $113k. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.