Centerstone Research Institute Inc

Analysis

Centerstone Research Institute Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in September 2009, 17 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 2024, Centerstone Research Institute Inc reported income of $6.0m and spending of $6.2m, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.2m to $6.0m (+177%), an average of +29% a year. The sharpest change came in the year to June 2024, when income rose by 107%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Centerstone Research Institute Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within TN. Charities of a similar size with the same main cause include Hae International ($6.0m), Addiction Counseling and Education Services Inc ($6.0m) and Rise Wisconsin Inc ($6.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $861k (14% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $3.7m against liabilities of $1.3m, net assets of $2.5m. It reported 133 employees.