Masterpiece Alliance

Analysis

Masterpiece Alliance is a registered charity in United States, based in Salem, VA. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Masterpiece Alliance reported income of $206k and spending of $112k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $206k (+166%), an average of +166% a year. The sharpest change came in the year to December 2023, when income rose by 166%. Over the whole period it spent 54% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Masterpiece Alliance sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include The Firefighters Burned Children Fund Inc ($206k), Samaritans Touch Care Center Inc ($206k) and Zandu Health Initiative ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $5,833 (5.2% of expenses). Other salaries and wages came to $56k. At year end it held assets of $230k against liabilities of $3,025, net assets of $227k. It reported 3 employees.