Amersa Inc

Analysis

Amersa Inc is a registered charity in United States, based in Charlestown, RI. It received its IRS tax-exemption ruling in April 1981, 45 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2023, Amersa Inc reported income of $889k and spending of $709k, leaving 20% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $644k to $889k (+38%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Amersa Inc 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 74th percentile within RI. Charities of a similar size with the same main cause include Aimed Alliance ($889k), National Network of Depression Centers ($889k) and Crossroads Pregnancy Center Inc ($888k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $97k (14% of expenses). Other salaries and wages came to $20k. At year end it held assets of $1.2m against liabilities of $213k, net assets of $1.0m. It reported 3 employees.