Naperville Psychiatric Ventures

Analysis

Naperville Psychiatric Ventures is a registered charity in United States, based in Arlington HTS, IL. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Naperville Psychiatric Ventures reported income of $61.5m and spending of $57.1m, spending 93% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $55.8m to $61.5m (+10%), an average of +1.9% a year. The sharpest change came in the year to December 2022, when income rose by 98%. 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, Naperville Psychiatric Ventures sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include Signature Healthcare Medical Group Inc ($61.3m), Planned Parenthood of Illinois ($61.5m) and Jewish Home of Rochester ($61.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $420k (0.7% of expenses). Other salaries and wages came to $34.0m. At year end it held assets of $48.5m against liabilities of $24.7m, net assets of $23.8m. It reported 724 employees.