Alliance Health of Wrentham Inc

Analysis

Alliance Health of Wrentham Inc is a registered charity in United States, based in Southborough, MA. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Health of Wrentham Inc reported income of $18.6m and spending of $18.1m, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $6.5m to $18.6m (+186%), an average of +186% a year. The sharpest change came in the year to December 2023, when income rose by 186%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Alliance Health of Wrentham Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Adp Foundation ($18.6m), Families and Communities Rising Inc ($18.6m) and Community Foundation of North Louisiana ($18.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 97% of the total. Other salaries and wages came to $9.1m. At year end it held assets of $17.6m against liabilities of $16.8m, net assets of $761k. It reported 260 employees.