Chile Massachusetts Alliance Inc

Analysis

Chile Massachusetts Alliance Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Chile Massachusetts Alliance Inc reported income of $604k and spending of $638k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $463k to $604k (+31%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Chile Massachusetts Alliance Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Endeavor Louisville Inc ($604k), His Children Inc ($605k) and Crosscurrents International Institute ($604k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $75k (12% of expenses). Other salaries and wages came to $71k. At year end it held assets of $137k against liabilities of $39k, net assets of $98k. It reported 3 employees.