Alliance Healthcare Services Inc

Analysis

Alliance Healthcare Services Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in November 1975, 51 years ago. 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, Alliance Healthcare Services Inc reported income of $54.1m and spending of $48.7m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $38.9m to $54.1m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alliance Healthcare Services Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TN. Charities of a similar size with the same main cause include Penny Lane Centers ($54.1m), Feeding America West Michigan ($54.2m) and Salud Para LA Gente ($54.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $593k (1.2% of expenses). Other salaries and wages came to $21.2m. At year end it held assets of $37.7m against liabilities of $3.7m, net assets of $34.0m. It reported 584 employees.