Belton Alliance

Analysis

Belton Alliance is a registered charity in United States, based in Belton, SC. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Belton Alliance reported income of $66k and spending of $54k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $66k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Belton Alliance sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 32nd percentile within SC. Charities of a similar size with the same main cause include Tangipahoa Economic Development Foundation Inc ($66k), Anaheim Economic Development Corporation ($66k) and El Dorado Main Street Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.