Alliance College-Ready Public Schools

Analysis

Alliance College-Ready Public Schools is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Alliance College-Ready Public Schools reported income of $283.3m and spending of $252.6m, spending 89% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $2.0m to $283.3m (+14064%), an average of +245% a year. The sharpest change came in the year to June 2020, when income rose by 5278%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alliance College-Ready Public Schools sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include University of New England ($282.1m), Trustees of Mount Holyoke College ($283.9m) and Gemological Institute of America Inc ($281.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.7% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1.7m (0.7% of expenses). Other salaries and wages came to $121.0m. At year end it held assets of $463.5m against liabilities of $252.3m, net assets of $211.2m. It reported 1,862 employees.