Premier Alliances Inc

Analysis

Premier Alliances Inc is a registered charity in United States, based in Bisbee, AZ. It received its IRS tax-exemption ruling in August 1965, 61 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Premier Alliances Inc reported income of $3.5m and spending of $3.4m, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.1m to $3.5m (+14%), an average of +2.7% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Premier Alliances Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within AZ. Charities of a similar size with the same main cause include Business & Human Rights Resource Centre US Ltd ($3.5m), Moenkopi Developers Corporation Inc ($3.5m) and Community Services West ($3.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.2% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $153k (4.5% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $4.8m against liabilities of $455k, net assets of $4.4m. It reported 54 employees.