Paterson Counseling Center

Analysis

Paterson Counseling Center is a registered charity in United States, based in Paterson, NJ. It received its IRS tax-exemption ruling in November 1986, 40 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 June 2023, Paterson Counseling Center reported income of $4.4m and spending of $3.8m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.7m to $4.4m (+17%), an average of +4.1% a year. The sharpest change came in the year to June 2023, when income rose by 24%. 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, Paterson Counseling Center sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Grace Inspired Ministries ($4.4m), Little Sisters of the Poor St Josephs Home for the Elderly ($4.4m) and Valley Health Systems Inc ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $148k (3.9% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $1.6m against liabilities of $126k, net assets of $1.4m. It reported 57 employees.