Abbe Center for Community Mental Health Inc

Analysis

Abbe Center for Community Mental Health Inc is a registered charity in United States, based in Hiawatha, IA. It received its IRS tax-exemption ruling in July 1976, 50 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 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, Abbe Center for Community Mental Health Inc reported income of $32.3m and spending of $31.4m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.3m to $32.3m (+125%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 89%. 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, Abbe Center for Community Mental Health Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IA. Charities of a similar size with the same main cause include Mercy Hospital Aurora ($32.2m), Montgomery General Hospital Inc ($32.3m) and Village Care of New York Inc ($32.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $156k (0.5% of expenses). Other salaries and wages came to $19.4m. At year end it held assets of $17.7m against liabilities of $2.7m, net assets of $15.0m. It reported 465 employees.