Alliance Health of Lynn Inc

Analysis

Alliance Health of Lynn Inc is a registered charity in United States, based in Southborough, MA. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Health of Lynn Inc reported income of $1.4m and spending of $30k, leaving 98% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.3m to $1.4m (-74%), an average of -28% a year. The sharpest change came in the year to December 2022, when income dropped by 74%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alliance Health of Lynn Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include North American Skull Base Society ($1.4m), Lauren J Ozen Foundation ($1.4m) and Clinical Immunology Society Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.5% of the total. At year end it held assets of $253k against liabilities of $1.9m, net assets of -$1.6m.