Alyssum Inc

Analysis

Alyssum Inc is a registered charity in United States, based in Rochester, VT. It received its IRS tax-exemption ruling in May 2011, 15 years ago. 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, Alyssum Inc reported income of $534k and spending of $525k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $506k to $534k (+5.4%), an average of +1.8% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alyssum Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 66th percentile within VT. Charities of a similar size with the same main cause include Kca Construction Education Foundation ($534k), Little League Baseball Inc ($534k) and Union County Child Care Center ($534k).

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 $63k (12% of expenses). Other salaries and wages came to $320k. At year end it held assets of $309k against liabilities of $74k, net assets of $236k. It reported 8 employees.