West Raleigh Alliance Inc

Analysis

West Raleigh Alliance Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in June 2015, 11 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 (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, West Raleigh Alliance Inc reported income of $109k and spending of $116k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $97k to $109k (+12%), an average of +2.9% a year. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, West Raleigh Alliance Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include Greensboro Chamber Foundation ($109k), Allegheny West Civic Council Inc ($109k) and Allegheny Council to Improve Our Neighborhoods-Housing Incorporated ($109k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.