Behavioral Health Management Services Inc

Analysis

Behavioral Health Management Services Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in October 1997, 29 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 December 2023, Behavioral Health Management Services Inc reported income of $7.8m and spending of $11.4m, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.4m to $7.8m (+5.5%), an average of +1.3% a year. Over the whole period it spent 130% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Behavioral Health Management Services Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Rockford Ambulance Inc ($7.8m), University Health Systems of Eastern Carolina Foundation Inc ($7.8m) and The Summit Medical Group Foundation Inc ($7.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $221k (1.9% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $2.2m against liabilities of $31.7m, net assets of -$29.5m. It reported 127 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.