Alliance for Community Research Engagement and Support

Analysis

Alliance for Community Research Engagement and Support is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 June 2023, Alliance for Community Research Engagement and Support reported income of $211k and spending of $3.4m, spending 1617% of what it took in. The sharpest change came in the year to June 2023, when income rose by 1307%. Over the whole period it spent 2246% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alliance for Community Research Engagement and Support sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Autism Society of the Keys ($211k), Noahs Bandage Project ($211k) and Clear Thoughts Foundation ($211k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $8,109 (0.2% of expenses). Other salaries and wages came to $250k. At year end it held assets of $4.4m against liabilities of $9.2m, net assets of -$4.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.