Broad Street Market Alliance

Analysis

Broad Street Market Alliance is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in September 2017, 9 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, Broad Street Market Alliance reported income of $376k and spending of $492k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $436k to $376k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Broad Street Market Alliance sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Abc Crisis Pregnancy Center Inc ($376k), Fostering Hope Inc ($376k) and Charlie Center ($376k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 76% of the total. Other salaries and wages came to $163k. At year end it held assets of $200k against liabilities of $66k, net assets of $134k. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.