Alliant Educational Foundation

Analysis

Alliant Educational Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Alliant Educational Foundation reported income of $2.5m and spending of $2.5m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $710k to $2.5m (+258%), an average of +38% a year. The sharpest change came in the year to June 2020, when income rose by 828%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alliant Educational Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Mount Laurel Library Association Inc ($2.5m), Newton School ($2.5m) and Tiller School of Carteret County ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.4% of the total. Compensation of current officers, directors and key employees was $220k (8.7% of expenses). At year end it held assets of $53.8m against liabilities of $1.8m, net assets of $52.0m. It reported 2 employees.