Newport County Community Mental Health Center Inc

Analysis

Newport County Community Mental Health Center Inc is a registered charity in United States, based in Middletown, RI. It received its IRS tax-exemption ruling in December 1977, 49 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Newport County Community Mental Health Center Inc reported income of $16.8m and spending of $16.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.6m to $16.8m (+153%), an average of +26% a year. The sharpest change came in the year to June 2020, when income rose by 49%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Newport County Community Mental Health Center Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within RI. Charities of a similar size with the same main cause include Agrace Hospicecare Foundation Incorporated ($16.8m), Dora Roberts Rehabilitation Center ($16.8m) and Peninsula Behavioral Health ($16.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $567k (3.4% of expenses). Other salaries and wages came to $9.5m. It paid $86k in professional fundraising fees. At year end it held assets of $9.2m against liabilities of $2.3m, net assets of $6.9m. It reported 243 employees.