Alignment Research Center
Analysis
Alignment Research Center is a registered charity in United States, based in Covina, CA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Alignment Research Center reported income of $10.0m and spending of $6.3m, leaving 38% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $476k to $10.0m (+2012%), an average of +360% a year. The sharpest change came in the year to December 2022, when income rose by 839%. Over the whole period it spent 52% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alignment Research Center sits at the 98th percentile: it is larger than about 98% 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 Air Force Museum Foundation Inc ($10.0m), Saint Paul Chamber Orchestra Society ($10.1m) and Redwood Research Group Inc ($10.0m).
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 $376k (6.0% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $7.4m against liabilities of $277k, net assets of $7.1m. It reported 28 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Air Force Museum Foundation Inc | Dayton | $10.0m |
| Saint Paul Chamber Orchestra Society | Saint Paul | $10.1m |
| Redwood Research Group Inc | Berkeley | $10.0m |
| Walnut Street Theatre Corp | Philadelphia | $10.1m |