Alliance Center for Education Inc

Analysis

Alliance Center for Education Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in July 1976, 50 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 December 2023, Alliance Center for Education Inc reported income of $10.6m and spending of $10.7m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.0m to $10.6m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alliance Center for Education Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Southeast Regional Resource Center Inc ($10.6m), John V Lindsay Wildcat Academy Charter School ($10.6m) and University Urology Inc ($10.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.0% of the total. Other salaries and wages came to $6.7m. At year end it held assets of $4.8m against liabilities of $1.7m, net assets of $3.1m. It reported 136 employees.