Alliance for Rural Impact

Analysis

Alliance for Rural Impact is a registered charity in United States, based in Harrisburg, AR. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 for Rural Impact reported income of $280k and spending of $281k, spending 100% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $225k to $280k (+24%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Alliance for Rural Impact sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within AR. Charities of a similar size with the same main cause include Invest Buffalo Niagara Foundation Inc ($280k), Cornucopia Inc ($280k) and 4 the Love Foundation ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.7% of the total. At year end it held assets of $32k against liabilities of $49k, net assets of -$17k.

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.