Institute for Therapy Through the Arts

Analysis

Institute for Therapy Through the Arts is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in June 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Institute for Therapy Through the Arts reported income of $1.8m and spending of $1.8m, spending 104% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.2m to $1.8m (+52%), an average of +11% a year. The sharpest change came in the year to August 2021, when income rose by 58%. Over the whole period it spent 94% 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 Therapy Through the Arts sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Ronald McDonald House Charities of Wichita Inc ($1.7m), Crosspoint Clinical Services Inc ($1.8m) and Baptist Health Foundation Lexington Inc ($1.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 7.1% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $228k (12% of expenses). Other salaries and wages came to $974k. At year end it held assets of $933k against liabilities of $125k, net assets of $808k. It reported 39 employees.