American Independent Business Alliance

Analysis

American Independent Business Alliance is a registered charity in United States, based in Wayland, MA. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, American Independent Business Alliance reported income of $61k and spending of $78k, spending 128% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $376k to $61k (-84%), an average of -30% a year. The sharpest change came in the year to December 2020, when income rose by 163%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, American Independent Business Alliance sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 33rd percentile within MA. Charities of a similar size with the same main cause include Friends of Buker Elementary School Inc ($61k), Main Street Wellington Inc ($61k) and Marion Town Committee ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Other salaries and wages came to $49k. At year end it held assets of $21k against liabilities of $3,649, net assets of $17k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.