Equity-Alliance-Group Inc

Analysis

Equity-Alliance-Group Inc is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in October 2020, 6 years ago. 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-Group Inc reported income of $102k and spending of $89k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $173k to $102k (-41%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Equity-Alliance-Group Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Madcaps ($102k), Wallace Community College Sparks Campus Foundation ($102k) and Institute for Excellence in Government ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $47k against liabilities of $20k, net assets of $28k.