Alliance for Empowerment Inc

Analysis

Alliance for Empowerment Inc is a registered charity in United States, based in Elmira, NY. It received its IRS tax-exemption ruling in October 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Alliance for Empowerment Inc reported income of $1.0m and spending of $956k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $499k to $1.0m (+101%), an average of +101% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alliance for Empowerment Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Ray of Hope Cancer Foundation ($1.0m), United Family and Childrens Society ($1.0m) and Serving Our Neighbors Ministries Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $252k (26% of expenses). Other salaries and wages came to $510k. At year end it held assets of $187k against liabilities of $140k, net assets of $47k. It reported 12 employees.