Post Graduate Center for Mental Health

Analysis

Post Graduate Center for Mental Health is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1958, 68 years ago. 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, Post Graduate Center for Mental Health reported income of $45.7m and spending of $44.8m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $39.6m to $45.7m (+15%), an average of +3.7% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Post Graduate Center for Mental Health sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Sir Mortimer B Davis Jewish General Hospital ($45.6m), The Childrens Clinic Serving Children and Their Families ($45.7m) and Hamaspik of Orange County Inc ($45.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $1.0m (2.3% of expenses). Other salaries and wages came to $16.6m. At year end it held assets of $135.3m against liabilities of $45.1m, net assets of $90.2m. It reported 571 employees.