Putnam Family and Community Services Inc

Analysis

Putnam Family and Community Services Inc is a registered charity in United States, based in Carmel, NY. It received its IRS tax-exemption ruling in May 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 (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, Putnam Family and Community Services Inc reported income of $7.0m and spending of $7.3m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.2m to $7.0m (+13%), an average of +3.1% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Putnam Family and Community Services Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Lenox Hill Pathology P C ($7.0m), Easter Seals Washington ($7.0m) and Martinsville Henry Coalition for Health and Wellness Inc ($7.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $534k (7.3% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $1.4m against liabilities of $1.6m, net assets of -$241k. It reported 122 employees.