Alteristic Inc

Analysis

Alteristic Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in October 2011, 15 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 December 2023, Alteristic Inc reported income of $1.5m and spending of $2.4m, spending 153% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.5m to $1.5m (-56%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alteristic Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within VA. Charities of a similar size with the same main cause include Licking County Alcoholism Prevention Program ($1.5m), Aero Skagit Emergency Services Inc ($1.5m) and Horizons Community Solutions Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $262k (11% of expenses). Other salaries and wages came to $968k. At year end it held assets of $521k against liabilities of $144k, net assets of $377k. It reported 15 employees.