Charlotte Behavioral Health Care Inc

Analysis

Charlotte Behavioral Health Care Inc is a registered charity in United States, based in Punta Gorda, FL. It received its IRS tax-exemption ruling in April 1970, 56 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, Charlotte Behavioral Health Care Inc reported income of $22.4m and spending of $18.0m, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.2m to $22.4m (+47%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Charlotte Behavioral Health Care Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Forefront Living Hospice ($22.4m), M M Ewing Continuing Care Center ($22.4m) and Ohio North East Health Systems Inc ($22.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 81% of the total. Other salaries and wages came to $11.2m. At year end it held assets of $19.2m against liabilities of $2.6m, net assets of $16.6m. It reported 319 employees.