Group for the Advancement of Psychiatry Inc

Analysis

Group for the Advancement of Psychiatry Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 1961, 65 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Group for the Advancement of Psychiatry Inc reported income of $395k and spending of $551k, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $355k to $395k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2023, when income rose by 906%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Group for the Advancement of Psychiatry Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Area Health Education Center of the Plains ($395k), The Black Womens Health Alliance ($395k) and My Breast Cancer Support ($395k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 5.6% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.