Brattleboro Retreat

Analysis

Brattleboro Retreat is a registered charity in United States, based in Dummerston, VT. It received its IRS tax-exemption ruling in October 1942, 84 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Brattleboro Retreat reported income of $98.3m and spending of $90.1m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $73.5m to $98.3m (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brattleboro Retreat sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within VT. Charities of a similar size with the same main cause include Three Lower Counties Community Services Inc ($98.2m), Methodist Associates in Healthcare Inc ($98.3m) and Benefis Medical Group Inc ($98.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.7m (1.9% of expenses). Other salaries and wages came to $33.5m. It paid $36k in professional fundraising fees. At year end it held assets of $60.4m against liabilities of $20.5m, net assets of $39.9m. It reported 570 employees.