Alluma Inc

Analysis

Alluma Inc is a registered charity in United States, based in Crookston, MN. It received its IRS tax-exemption ruling in January 1967, 59 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alluma Inc reported income of $18.8m and spending of $17.8m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.1m to $18.8m (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alluma Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Foundation for Healthy Communities ($18.8m), Puerto Rico Community for Clinical Services Research and Health ($18.8m) and Heritage Behavioral Health Center Inc ($18.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $545k (3.1% of expenses). Other salaries and wages came to $10.0m. At year end it held assets of $20.6m against liabilities of $2.4m, net assets of $18.2m. It reported 204 employees.