The Washington Baltimore Center for Psychoanalysis Inc

Analysis

The Washington Baltimore Center for Psychoanalysis Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1952, 74 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, The Washington Baltimore Center for Psychoanalysis Inc reported income of $1.2m and spending of $874k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $836k to $1.2m (+49%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Washington Baltimore Center for Psychoanalysis Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 59th percentile within DC. Charities of a similar size with the same main cause include Fort Wayne Clubhouse Inc ($1.2m), Humanitarian Foundation Supreme Council M O V P E R ($1.2m) and American Association of Plastic Surgeons ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.1% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $156k (18% of expenses). Other salaries and wages came to $209k. At year end it held assets of $7.6m against liabilities of $244k, net assets of $7.4m. It reported 5 employees.