Secured Alliance Inc

Analysis

Secured Alliance Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Secured Alliance Inc reported income of $4.2m and spending of $4.8m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.5m to $4.2m (-7.4%), an average of -1.9% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Secured Alliance Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within AZ. Charities of a similar size with the same main cause include Lifespan Family Services of Pa ($4.2m), Orion Family Services Inc ($4.2m) and Visiting Nurse Home Care & Hospice of Carroll County ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $718k (15% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $2.6m against liabilities of $1.8m, net assets of $763k. It reported 35 employees.