Westcare Gulfcoast-Florida Inc

Analysis

Westcare Gulfcoast-Florida Inc is a registered charity in United States, based in Henderson, NV. It received its IRS tax-exemption ruling in February 2002, 24 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, Westcare Gulfcoast-Florida Inc reported income of $15.0m and spending of $14.8m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.6m to $15.0m (+74%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Westcare Gulfcoast-Florida Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 98th percentile within NV. Charities of a similar size with the same main cause include Health Effects Institute ($15.0m), Comfort Bridge ($15.0m) and Tellurian Inc ($15.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 8.4% of the total. Other salaries and wages came to $5.4m. At year end it held assets of $3.8m against liabilities of $5.5m, net assets of -$1.7m. It reported 154 employees.