Pilates Method Alliance Inc

Analysis

Pilates Method Alliance Inc is a registered charity in United States, based in Miramar, FL. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover community improvement and capacity building, 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 December 2022, Pilates Method Alliance Inc reported income of $814k and spending of $1.3m, spending 159% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $2.0m to $814k (-59%), an average of -26% a year. The sharpest change came in the year to December 2021, when income dropped by 50%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pilates Method Alliance Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Centennial Parkside CDC ($813k), Troy Development Council Inc ($814k) and Georgia Cities Foundation Inc ($813k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 59% and program service revenue 2.5% of the total. Other salaries and wages came to $477k. At year end it held assets of $99k against liabilities of $292k, net assets of -$193k. It reported 10 employees.