Alleghany Partnership for Children Inc

Analysis

Alleghany Partnership for Children Inc is a registered charity in United States, based in Sparta, NC. It received its IRS tax-exemption ruling in November 1995, 31 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 June 2023, Alleghany Partnership for Children Inc reported income of $662k and spending of $744k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $403k to $662k (+64%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 88%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alleghany Partnership for Children Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Out in Science Technology Engineering & Mathematics Incorpor ($661k), Washington Congress of Parents & Teachers ($662k) and Georgia Chapter of the Association for Learning Environments Inc ($661k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $57k (7.7% of expenses). Other salaries and wages came to $335k. At year end it held assets of $19k against liabilities of $12k, net assets of $6,664. It reported 17 employees.