Lake Cumberland Regional Mental Health-Mental Retardation Board in

Analysis

Lake Cumberland Regional Mental Health-Mental Retardation Board in is a registered charity in United States, based in Somerset, KY. It received its IRS tax-exemption ruling in February 1968, 58 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, Lake Cumberland Regional Mental Health-Mental Retardation Board in reported income of $46.7m and spending of $45.0m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $32.4m to $46.7m (+44%), an average of +9.5% 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, Lake Cumberland Regional Mental Health-Mental Retardation Board in sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within KY. Charities of a similar size with the same main cause include Avera St Anthonys Hospital ($46.7m), Community Services for Autistic Adults and Children ($46.7m) and Home Health and Hospice Care Inc ($46.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $283k (0.6% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $32.4m against liabilities of $6.4m, net assets of $26.1m. It reported 94 employees.