Institute for Spiritual Life and Psychotherapy

Analysis

Institute for Spiritual Life and Psychotherapy is a registered charity in United States, based in Hanover, MA. It received its IRS tax-exemption ruling in December 2014, 12 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, Institute for Spiritual Life and Psychotherapy reported income of $759k and spending of $795k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $457k to $759k (+66%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 30%. 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, Institute for Spiritual Life and Psychotherapy sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Daves House Inc ($759k), NFMMC Foundation ($759k) and Champaign County Health Care Consumers ($759k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 101% of the total. Compensation of current officers, directors and key employees was $157k (20% of expenses). Other salaries and wages came to $443k. At year end it held assets of $65k against liabilities of $0, net assets of $65k. It reported 27 employees.