Headrest Inc

Analysis

Headrest Inc is a registered charity in United States, based in Lebanon, NH. It received its IRS tax-exemption ruling in March 1973, 53 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, Headrest Inc reported income of $2.1m and spending of $2.4m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $2.1m (+66%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 36%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Headrest Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NH. Charities of a similar size with the same main cause include Reboot Recovery ($2.1m), Oregon Community Health Workers Association ($2.1m) and Crew Community Health ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $810k against liabilities of $339k, net assets of $471k. It reported 46 employees.