Model Alliance

Analysis

Model Alliance is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Model Alliance reported income of $347k and spending of $368k, spending 106% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $236k to $347k (+47%), an average of +47% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Model Alliance sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Omro Area Community Center ($347k), Eastern Market Development Corporation ($347k) and Silver Triangle Main Street Corporation ($347k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $131k (36% of expenses). Other salaries and wages came to $66k. At year end it held assets of $116k against liabilities of $9,210, net assets of $107k. It reported 2 employees.