Alliance for Working Together Foundation

Analysis

Alliance for Working Together Foundation is a registered charity in United States, based in Mentor, OH. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 Working Together Foundation reported income of $2.1m and spending of $955k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $193k to $2.1m (+1004%), an average of +82% a year. The sharpest change came in the year to December 2021, when income rose by 206%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alliance for Working Together Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Childrens Museum ($2.1m), South Bend Symphony Orchestra Association Inc ($2.1m) and Earthquake Engineering Research Institute Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $78k (8.2% of expenses). Other salaries and wages came to $92k. At year end it held assets of $2.7m against liabilities of $19k, net assets of $2.7m. It reported 4 employees.