Depression and Bipolar Support Alliance

Analysis

Depression and Bipolar Support Alliance is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2004, 22 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Depression and Bipolar Support Alliance reported income of $2.6m and spending of $3.5m, spending 132% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $2.4m to $2.6m (+12%), an average of +3.7% a year. The sharpest change came in the year to December 2020, when income rose by 62%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Depression and Bipolar Support Alliance sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Ronald McDonald House Charities of Pittsburgh and Morgantown Inc ($2.6m), International Association of Oral and Maxillofacial Surgeons ($2.6m) and The Barbara Sinatra Childrens Center at Eisenhower ($2.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 84% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $564k (16% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.4m against liabilities of $596k, net assets of $2.8m. It reported 41 employees.