Alliance for Agriculture Corp

Analysis

Alliance for Agriculture Corp is a registered charity in United States, based in Orocovis, PR. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 2023, Alliance for Agriculture Corp reported income of $194k and spending of $199k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $46k to $194k (+324%), an average of +106% a year. The sharpest change came in the year to December 2023, when income rose by 156%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alliance for Agriculture Corp sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 37th percentile within PR. Charities of a similar size with the same main cause include Keith County Senior Citizens Inc ($194k), Gurnee Boys Baseball Inc ($194k) and Bridge 127 Inc ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $57k against liabilities of $18k, net assets of $39k.