Wernle Youth & Family Treatment Center Inc

Analysis

Wernle Youth & Family Treatment Center Inc is a registered charity in United States, based in Richmond, IN. It received its IRS tax-exemption ruling in September 1973, 53 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wernle Youth & Family Treatment Center Inc reported income of $4.9m and spending of $7.5m, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.8m to $4.9m (-44%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wernle Youth & Family Treatment Center Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include San Dieguito Surf Soccer Club ($4.9m), McAuley Ministries ($4.9m) and Inland Congregation United for Change Sponsoring Committee Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $344k (4.6% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $11.2m against liabilities of $363k, net assets of $10.8m. It reported 110 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.