St Marks Place Institute for Mental Health

Analysis

St Marks Place Institute for Mental Health is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1985, 41 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, St Marks Place Institute for Mental Health reported income of $6.5m and spending of $6.9m, spending 106% of what it took in. Across the 6 years on record, from June 2016 to June 2023, income grew from $5.5m to $6.5m (+20%), an average of +3.7% a year. The sharpest change came in the year to June 2022, when income dropped by 30%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Marks Place Institute for Mental Health sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Northern Ohio Recovery Association ($6.5m), Foundation for Prader Willi Research ($6.5m) and Healthcore Clinic Inc ($6.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $403k (5.8% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $10.0m against liabilities of $3.9m, net assets of $6.0m. It reported 78 employees.