Windmill Alliance Inc

Analysis

Windmill Alliance Inc is a registered charity in United States, based in Bayonne, NJ. It received its IRS tax-exemption ruling in October 1989, 37 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 December 2023, Windmill Alliance Inc reported income of $2.0m and spending of $2.3m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.0m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Windmill Alliance Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include Orange County Rehabilitative and Developmental Services Inc ($2.0m), South Carolina Council on Competitiveness ($2.0m) and Boston Local Development Corp ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $72k (3.2% of expenses). At year end it held assets of $978k against liabilities of $132k, net assets of $846k. It reported 51 employees.