ALS One Inc

Analysis

ALS One Inc is a registered charity in United States, based in Whitman, MA. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 June 2023, ALS One Inc reported income of $2.0m and spending of $1.9m, spending 92% of its income. Across the 3 years on record, from June 2019 to June 2023, income grew from $994k to $2.0m (+103%), an average of +42% a year. The sharpest change came in the year to June 2022, when income rose by 99%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, ALS One Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Adopt a Vet Dental Program Inc ($2.0m), Makana North Shore Clinic ($2.0m) and Endo-Urology Society Division of Urology ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $154k (8.3% of expenses). Other salaries and wages came to $90k. At year end it held assets of $631k against liabilities of $0, net assets of $631k.