Gryphon Place

Analysis

Gryphon Place is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in August 1989, 37 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 September 2023, Gryphon Place reported income of $6.0m and spending of $6.0m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.2m to $6.0m (+179%), an average of +29% a year. The sharpest change came in the year to September 2020, when income rose by 52%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gryphon Place 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 93rd percentile within MI. Charities of a similar size with the same main cause include Addiction Counseling and Education Services Inc ($6.0m), Sayre Health Center ($6.0m) and Centerstone Research Institute Inc ($6.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $145k (2.4% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $2.7m against liabilities of $418k, net assets of $2.2m. It reported 249 employees.