Alu Like Inc

Analysis

Alu Like Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in August 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Alu Like Inc reported income of $9.3m and spending of $8.9m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.7m to $9.3m (+6.6%), an average of +1.6% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alu Like Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within HI. Charities of a similar size with the same main cause include Aclamo ($9.3m), Oregon Human Development Corporation ($9.3m) and Clinton County Community Connections Inc ($9.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $130k (1.5% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $2.6m against liabilities of $1.8m, net assets of $822k. It reported 196 employees.