Austen Riggs Center Inc

Analysis

Austen Riggs Center Inc is a registered charity in United States, based in Stockbridge, MA. It received its IRS tax-exemption ruling in August 1953, 73 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 December 2023, Austen Riggs Center Inc reported income of $26.0m and spending of $25.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $32.3m to $26.0m (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Austen Riggs Center Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Rocking Horse Childrens Health Center ($26.0m), Clearwater Valley Hospital & Clinics Inc ($26.0m) and Easter Seals of Greater Houston Inc ($26.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $3.2m (13% of expenses). Other salaries and wages came to $11.6m. At year end it held assets of $65.8m against liabilities of $7.4m, net assets of $58.4m. It reported 180 employees.