Alchemy Community Therapy Center

Analysis

Alchemy Community Therapy Center is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in November 2020, 6 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 August 2023, Alchemy Community Therapy Center reported income of $668k and spending of $824k, spending 123% of what it took in. Across the 4 years on record, from August 2020 to August 2023, income grew from $143k to $668k (+368%), an average of +67% a year. The sharpest change came in the year to August 2021, when income rose by 479%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alchemy Community Therapy Center sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Imperial Valley Wellness Foundation ($668k), Lower Alsace Volunteer Ambulance Association ($668k) and Her Choice Birmingham Inc ($668k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $121k (15% of expenses). Other salaries and wages came to $408k. At year end it held assets of $273k against liabilities of $138k, net assets of $135k. It reported 32 employees.