Centerpointe Inc

Analysis

Centerpointe Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in July 1977, 49 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 June 2023, Centerpointe Inc reported income of $15.2m and spending of $14.8m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.8m to $15.2m (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2023, when income dropped by 36%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Centerpointe Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within NE. Charities of a similar size with the same main cause include Mennonite Memorial Home ($15.2m), Willowood of Williamstown Inc ($15.2m) and Ashley House ($15.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $240k (1.6% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $21.5m against liabilities of $3.7m, net assets of $17.8m. It reported 346 employees.