Alliance for Commercialization and Innovation Research

Analysis

Alliance for Commercialization and Innovation Research is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alliance for Commercialization and Innovation Research reported income of $331k and spending of $536k, spending 162% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $515k to $331k (-36%), an average of -14% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alliance for Commercialization and Innovation Research sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Victory Riding Academy ($331k), Nehemiahs Vision Inc ($331k) and Hannahs House 119 ($330k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $268k (50% of expenses). At year end it held assets of $12k against liabilities of $0, net assets of $12k. It reported 2 employees.