Executive Alliance Inc
Analysis
Executive Alliance Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Executive Alliance Inc reported income of $257k and spending of $270k, spending 105% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $217k to $257k (+18%), an average of +3.4% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 103% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Executive Alliance Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MD. Charities of a similar size with the same main cause include Mansfield Cares Inc ($257k), Inspire Excellence Inc ($257k) and Community Investment Corporation of Decatur Inc ($257k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 9.6% of the total. At year end it held assets of $193k against liabilities of $21k, net assets of $172k.
Income and spending
Where the income comes from
- Contributions & grants 90%
- Program services 9.6%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mansfield Cares Inc | Mansfield | $257k |
| Inspire Excellence Inc | Meridian | $257k |
| Community Investment Corporation of Decatur Inc | Decatur | $257k |
| Fields Corner Main Street Inc | Boston | $258k |