Fiscal Sponsorship Allies Inc

Analysis

Fiscal Sponsorship Allies Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in June 2020, 6 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fiscal Sponsorship Allies Inc reported income of $4.2m and spending of $3.9m, spending 92% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $406k to $4.2m (+939%), an average of +118% a year. The sharpest change came in the year to December 2021, when income rose by 409%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fiscal Sponsorship Allies Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include Logan Square Neighborhood Assoc Inc ($4.2m), Appalachian Sustainable Development ($4.2m) and Education and Employment Ministry Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.5% of the total. At year end it held assets of $945k against liabilities of $19k, net assets of $926k.