Alignment Collaborative for Education Inc

Analysis

Alignment Collaborative for Education Inc is a registered charity in United States, based in Elgin, IL. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Alignment Collaborative for Education Inc reported income of $517k and spending of $415k, spending 80% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $265k to $517k (+95%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 90%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alignment Collaborative for Education Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Starke County Initiative for Life Long Learning ($517k), Southeastern Association of School Business Officials ($517k) and Trinity Academy ($516k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $105k (25% of expenses). Other salaries and wages came to $125k. At year end it held assets of $402k against liabilities of $5,157, net assets of $397k. It reported 3 employees.