Aletheia House Inc

Analysis

Aletheia House Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in May 1973, 53 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 July 2023, Aletheia House Inc reported income of $21.0m and spending of $18.0m, spending 86% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $12.6m to $21.0m (+67%), an average of +14% a year. The sharpest change came in the year to July 2022, when income rose by 25%. 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, Aletheia House Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within AL. Charities of a similar size with the same main cause include Sanford Health Foundation Marshfield Clinic Inc ($21.0m), North Carolina Community Health Center Association ($21.0m) and Community Clinic of Maui Inc ($21.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 71% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $499k (2.8% of expenses). Other salaries and wages came to $8.7m. At year end it held assets of $27.1m against liabilities of $6.7m, net assets of $20.4m. It reported 400 employees.