Brook Lane Health Services Inc

Analysis

Brook Lane Health Services Inc is a registered charity in United States, based in Hagerstown, MD. It received its IRS tax-exemption ruling in December 1959, 67 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 June 2024, Brook Lane Health Services Inc reported income of $28.5m and spending of $27.7m, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $22.2m to $28.5m (+28%), an average of +5.1% a year. The sharpest change came in the year to June 2023, when income rose by 29%. 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, Brook Lane Health Services Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MD. Charities of a similar size with the same main cause include Robeson Health Care Corporation ($28.5m), United Breast Cancer Foundation Inc ($28.5m) and St John of God Retirement and Care Center ($28.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.5m (5.5% of expenses). Other salaries and wages came to $13.7m. At year end it held assets of $28.4m against liabilities of $10.1m, net assets of $18.3m. It reported 699 employees.