Equity Alliance

Analysis

Equity Alliance is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Equity Alliance reported income of $3.2m and spending of $1.6m, leaving 48% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income grew from $275k to $3.2m (+1045%), an average of +63% a year. The sharpest change came in the year to June 2020, when income rose by 298%. Over the whole period it spent 62% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Equity Alliance sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within TN. Charities of a similar size with the same main cause include Boulder Pride ($3.1m), Childrens Advocacy Center of Hidalgo County ($3.2m) and Michigan Voices ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $132k (8.0% of expenses). Other salaries and wages came to $324k. At year end it held assets of $3.6m against liabilities of $37k, net assets of $3.5m. It reported 14 employees.