Alveoli Corporation

Analysis

Alveoli Corporation is a registered charity in United States, based in Canonsburg, PA. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Alveoli Corporation reported income of $915k and spending of $882k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $891k to $915k (+2.7%), an average of +0.7% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alveoli Corporation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include Colorado Mental Wellness Network ($915k), Gainesville Community Counseling Center ($915k) and Sunnyside Home Health ($915k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 37% of the total. Other salaries and wages came to $295k. At year end it held assets of $936k against liabilities of $7,977, net assets of $928k. It reported 6 employees.