Global Alliance Solutions Foundation

Analysis

Global Alliance Solutions Foundation is a registered charity in United States, based in W Bloomfield, MI. 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 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, Global Alliance Solutions Foundation reported income of $656k and spending of $625k, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $248k to $656k (+164%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 117%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Global Alliance Solutions Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Families and Schools Together Inc ($656k), American Center for Senior Citizen Services ($656k) and High Desert Second Chance ($656k).

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 $159k (25% of expenses). Other salaries and wages came to $265k. At year end it held assets of $40k against liabilities of $0, net assets of $40k. It reported 11 employees.