Ken Anderson Alliance

Analysis

Ken Anderson Alliance is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ken Anderson Alliance reported income of $1.8m and spending of $2.1m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $429k to $1.8m (+323%), an average of +43% a year. The sharpest change came in the year to December 2021, when income rose by 389%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ken Anderson Alliance sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Core of Scottsville and Allen County Inc ($1.8m), Mt Desert Island YMCA ($1.8m) and Clarion Area Agency on Aging Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $55k (2.7% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.9m against liabilities of $481k, net assets of $1.5m. It reported 46 employees.