Friends of the Center Alliance Ltd

Analysis

Friends of the Center Alliance Ltd is a registered charity in United States, based in Ashland, WI. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Friends of the Center Alliance Ltd reported income of $189k and spending of $130k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $204k to $189k (-7.6%), an average of -1.9% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of the Center Alliance Ltd sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within WI. Charities of a similar size with the same main cause include Lenox World Mission Inc ($188k), The Temple of Understanding Inc ($189k) and Followers in Fellowship Inc ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 0.9% of the total. Other salaries and wages came to $54k. At year end it held assets of $187k against liabilities of $1,424, net assets of $186k. It reported 3 employees.