Amethyst House Inc

Analysis

Amethyst House Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in May 1981, 45 years ago. 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, Amethyst House Inc reported income of $1.5m and spending of $1.6m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.5m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2020, when income rose by 48%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Amethyst House Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within IN. Charities of a similar size with the same main cause include Laramie Interfaith ($1.5m), The Memorial Library of Radnor TWP ($1.5m) and Holy Family Child Care & Development Center Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $237k (15% of expenses). Other salaries and wages came to $665k. At year end it held assets of $1.4m against liabilities of $373k, net assets of $1.0m. It reported 47 employees.