Black Hawk-Grundy Mental Health Center Inc

Analysis

Black Hawk-Grundy Mental Health Center Inc is a registered charity in United States, based in Waterloo, IA. It received its IRS tax-exemption ruling in November 1953, 73 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 December 2023, Black Hawk-Grundy Mental Health Center Inc reported income of $7.1m and spending of $6.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.4m to $7.1m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2022, when income rose by 17%. 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, Black Hawk-Grundy Mental Health Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IA. Charities of a similar size with the same main cause include Habilitat Inc ($7.1m), Valley Alcohol Council ($7.1m) and Fresno American Indian Health Project ($7.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $185k (2.7% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $4.1m against liabilities of $1.1m, net assets of $3.0m.