Corsica River Mental Health Services Inc

Analysis

Corsica River Mental Health Services Inc is a registered charity in United States, based in Centreville, MD. It received its IRS tax-exemption ruling in January 2010, 16 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, Corsica River Mental Health Services Inc reported income of $2.6m and spending of $2.4m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.6m (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Corsica River Mental Health Services Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MD. Charities of a similar size with the same main cause include Muskingum County Drug Alcohol & Substance Abuse Council Inc ($2.6m), Indiana Ambulatory Surgical Associates Inc ($2.6m) and National Council on Alcoholism Orange County ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.7% and program service revenue 90% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $496k against liabilities of $224k, net assets of $272k. It reported 37 employees.