Acumen Counseling Services Inc

Analysis

Acumen Counseling Services Inc is a registered charity in United States, based in Owensboro, KY. It received its IRS tax-exemption ruling in May 1995, 31 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 June 2022, Acumen Counseling Services Inc reported income of $10.1m and spending of $10.1m, spending 100% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $8.5m to $10.1m (+19%), an average of +5.9% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Acumen Counseling Services Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within KY. Charities of a similar size with the same main cause include Lahey Health Shared Services Inc ($10.1m), Chicago Home for Incurables ($10.1m) and Waverly Care Associates ($10.1m).

On its Form 990 for the period ending June 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $8.2m. At year end it held assets of $881k against liabilities of $703k, net assets of $178k. It reported 371 employees.