Alliance College-Ready Public Schools Foundation

Analysis

Alliance College-Ready Public Schools Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Alliance College-Ready Public Schools Foundation reported income of $8.8m and spending of $6.8m, leaving 23% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.5m to $8.8m (+59%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alliance College-Ready Public Schools Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Americas Finest Charter School ($8.8m), Educational Options Foundation ($8.8m) and Achievement Preparatory Academy Public Charter School ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $246k (3.6% of expenses). Other salaries and wages came to $573k. At year end it held assets of $3.9m against liabilities of $36k, net assets of $3.9m. It reported 8 employees.