Behavioral Health Network Inc

Analysis

Behavioral Health Network Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in October 1966, 60 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 2023, Behavioral Health Network Inc reported income of $183.3m and spending of $166.4m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $108.6m to $183.3m (+69%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Behavioral Health Network Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within MA. Charities of a similar size with the same main cause include Corning Hospital ($183.1m), Hackensack Meridian Health Medical Group - Primary Care PC ($183.6m) and Auburn Community Hospital ($183.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $2.2m (1.3% of expenses). Other salaries and wages came to $111.1m. At year end it held assets of $95.6m against liabilities of $38.6m, net assets of $57.0m. It reported 2,774 employees.