Alliance on Aging Inc

Analysis

Alliance on Aging Inc is a registered charity in United States, based in Salinas, CA. It received its IRS tax-exemption ruling in October 1971, 55 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 on Aging Inc reported income of $3.3m and spending of $2.2m, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $3.3m (+102%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alliance on Aging Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Transitions of Pa ($3.3m), Focus on Residential Services ($3.3m) and Project Patch ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $303k (14% of expenses). Other salaries and wages came to $801k. At year end it held assets of $5.9m against liabilities of $2.5m, net assets of $3.4m. It reported 26 employees.