Washington County Mental Health Services Inc

Analysis

Washington County Mental Health Services Inc is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in January 1968, 58 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, Washington County Mental Health Services Inc reported income of $67.4m and spending of $65.7m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $53.7m to $67.4m (+26%), an average of +5.9% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washington County Mental Health Services Inc sits at the 99th percentile: it is one of the largest 1% in its cause. 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 Loras College ($67.4m), Goodwill of Silicon Valley ($67.5m) and Oakwood University Inc ($67.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $387k (0.6% of expenses). Other salaries and wages came to $32.7m. At year end it held assets of $33.8m against liabilities of $14.3m, net assets of $19.5m. It reported 808 employees.