High Point Treatment Center

Analysis

High Point Treatment Center is a registered charity in United States, based in New Bedford, MA. It received its IRS tax-exemption ruling in January 1998, 28 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, High Point Treatment Center reported income of $80.0m and spending of $77.3m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $75.2m to $80.0m (+6.4%), an average of +1.6% a year. The sharpest change came in the year to June 2022, when income rose by 29%. 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, High Point Treatment Center sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MA. Charities of a similar size with the same main cause include Parker Foundation Inc ($80.0m), Arkansas Childrens Foundation ($80.0m) and Nicholas H Noyes Memorial Hospital ($80.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $781k (1.0% of expenses). Other salaries and wages came to $48.4m. At year end it held assets of $38.0m against liabilities of $11.8m, net assets of $26.2m. It reported 1,285 employees.