Riverbend Community Mental Health Inc

Analysis

Riverbend Community Mental Health Inc is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in September 1959, 67 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, Riverbend Community Mental Health Inc reported income of $36.2m and spending of $36.9m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $35.7m to $36.2m (+1.2%), an average of +0.4% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Riverbend Community Mental Health Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NH. Charities of a similar size with the same main cause include The Community Action Organization of Western New York Inc ($36.0m), Visiting Nurse Association of Florida Inc ($36.2m) and Dell Childrens Foundation ($36.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $580k (1.6% of expenses). Other salaries and wages came to $23.2m. At year end it held assets of $38.8m against liabilities of $8.5m, net assets of $30.3m. It reported 475 employees.