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Governors Institute

RegisteredEIN 56-1735937Raleigh, NCHealth and saving lives
Income$3.7m2023-06
Spending$3.5msame year
Spent / received98%5-year average
Size in its cause77th pctHealth and saving lives
Exempt since1992Publicly supported organisat
Employees21latest return

Analysis

Governors Institute is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in January 1992, 34 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, Governors Institute reported income of $3.7m and spending of $3.5m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $3.7m (+26%), an average of +5.9% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Governors Institute sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Washington Hospital Foundation ($3.7m), Midwife Center for Birth and Womens Health ($3.7m) and National Aftican American Male Wellness Agency ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $184k (5.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.9m against liabilities of $861k, net assets of $1.0m. It reported 21 employees.

Income and spending

$0$919k$1.8m$2.8m$3.7m2019 Income: $2,921,1262019 Spending: $2,887,12720192020 Income: $2,969,2272020 Spending: $2,910,99020202021 Income: $3,081,0652021 Spending: $3,077,96820212022 Income: $3,376,1762022 Spending: $3,241,77120222023 Income: $3,674,7852023 Spending: $3,527,0882023
IncomeSpending

Where the income comes from

  • Contributions & grants 97%
  • Program services 3.0%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Washington Hospital FoundationFremont$3.7m
Midwife Center for Birth and Womens HealthPittsburgh$3.7m
National Aftican American Male Wellness AgencyColumbus$3.7m
Stop the Addiction Fatality Epidemic - Safe - Project USArlington$3.7m