Northeast Treatment Centers Inc

Analysis

Northeast Treatment Centers Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 1971, 55 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, Northeast Treatment Centers Inc reported income of $50.3m and spending of $45.2m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $46.4m to $50.3m (+8.5%), an average of +2.1% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northeast Treatment Centers Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Seattle Indian Health Board ($50.3m), Monroe Health Services Inc ($50.3m) and Laureate Psychiatric Clinic and Hospital Inc ($50.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $494k (1.1% of expenses). Other salaries and wages came to $18.5m. At year end it held assets of $37.7m against liabilities of $10.9m, net assets of $26.9m. It reported 577 employees.