Alliance Inc

Analysis

Alliance Inc is a registered charity in United States, based in Nottingham, MD. It received its IRS tax-exemption ruling in January 1984, 42 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, Alliance Inc reported income of $23.7m and spending of $24.7m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $21.1m to $23.7m (+12%), an average of +2.9% a year. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Alliance Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MD. Charities of a similar size with the same main cause include Heart of Texas Workforce Development Board Inc ($23.6m), Urban Corps of San Diego ($23.7m) and Summer Search ($23.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Other salaries and wages came to $13.6m. At year end it held assets of $19.8m against liabilities of $5.2m, net assets of $14.6m. It reported 472 employees.