Net Treatment Services Inc

Analysis

Net Treatment Services Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 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, Net Treatment Services Inc reported income of $18.1m and spending of $18.5m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $18.1m to $18.1m (-0.1%), an average of +-0.0% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Net Treatment Services Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include Tower Health at Home ($18.1m), Greenwood House Home for the Jewish Aged Inc ($18.1m) and Mississippi Bapt Health Systems Inc ($18.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $199k (1.1% of expenses). Other salaries and wages came to $8.4m. At year end it held assets of $6.4m against liabilities of $8.3m, net assets of -$1.9m. It reported 248 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.