Alianza Municipal de Servicios

Analysis

Alianza Municipal de Servicios is a registered charity in United States, based in Caguas, PR. It received its IRS tax-exemption ruling in March 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Alianza Municipal de Servicios reported income of $23.4m and spending of $22.6m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.7m to $23.4m (+120%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 61%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alianza Municipal de Servicios sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within PR. Charities of a similar size with the same main cause include Soar 365 ($23.4m), Young Mens Christian Association of the Chesapeake Inc ($23.4m) and Middle Georgia Community Food Bank Inc ($23.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $587k (2.6% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $9.1m against liabilities of $5.5m, net assets of $3.6m. It reported 1,720 employees.