Seacoast Mental Health Center Inc

Analysis

Seacoast Mental Health Center Inc is a registered charity in United States, based in Portsmouth, NH. It received its IRS tax-exemption ruling in July 1963, 63 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 June 2024, Seacoast Mental Health Center Inc reported income of $23.7m and spending of $24.6m, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $17.6m to $23.7m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2021, when income rose by 31%. 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, Seacoast Mental Health Center 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 97th percentile within NH. Charities of a similar size with the same main cause include Penobscot Valley Hospital ($23.6m), Gateway Community Services Inc ($23.7m) and Development Centers Inc ($23.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $345k (1.4% of expenses). Other salaries and wages came to $16.0m. At year end it held assets of $17.4m against liabilities of $2.1m, net assets of $15.2m. It reported 283 employees.