Life Treatment Centers Inc

Analysis

Life Treatment Centers Inc is a registered charity in United States, based in South Bend, IN. 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, Life Treatment Centers Inc reported income of $2.4m and spending of $2.5m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.4m to $2.4m (-0.2%), an average of +-0.0% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Life Treatment Centers Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include Strategic Office Solutions of Pa Inc ($2.4m), Entre Hermanos ($2.4m) and St Martins Healthcare ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $101k (4.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $4.4m against liabilities of $100k, net assets of $4.3m. It reported 67 employees.