Theraplay Institute

Analysis

Theraplay Institute is a registered charity in United States, based in Lake Forest, IL. It received its IRS tax-exemption ruling in September 1995, 31 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Theraplay Institute reported income of $1.8m and spending of $1.6m, spending 92% of its income. Across the 4 years on record, from June 2019 to June 2023, income fell from $2.0m to $1.8m (-13%), an average of -4.5% a year. The sharpest change came in the year to June 2020, when income dropped by 32%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Theraplay Institute sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Cheshire Health Foundation ($1.8m), The Well Project Inc a Not for Profit Corporation ($1.8m) and First Presbyterian Church Counseling Center Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $117k (7.1% of expenses). Other salaries and wages came to $92k. At year end it held assets of $780k against liabilities of $241k, net assets of $539k. It reported 13 employees.