National Alliance on Mental Illness-Colorado Springs

Analysis

National Alliance on Mental Illness-Colorado Springs is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in January 1985, 41 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 December 2023, National Alliance on Mental Illness-Colorado Springs reported income of $1.1m and spending of $936k, spending 87% of its income. Across the 5 years on record, from March 2020 to December 2023, income grew from $511k to $1.1m (+110%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Alliance on Mental Illness-Colorado Springs sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Carnegie Hall a Corporation ($1.1m), East Texas Veterans Community Council ($1.1m) and Boy Scouts of America ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $129k (14% of expenses). Other salaries and wages came to $323k. At year end it held assets of $962k against liabilities of $86k, net assets of $876k. It reported 9 employees.