Elk Institute for Psychological Health & Performance

Analysis

Elk Institute for Psychological Health & Performance is a registered charity in United States, based in Lutz, FL. It received its IRS tax-exemption ruling in October 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 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, Elk Institute for Psychological Health & Performance reported income of $76k and spending of $77k, spending 101% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $161k to $76k (-53%), an average of -31% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Elk Institute for Psychological Health & Performance sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Global Cancer Institute Inc ($76k), Silver Lining Foundation ($76k) and Northeast Central Services Inc ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $52k (67% of expenses). At year end it held assets of $25k against liabilities of $0, net assets of $25k.