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Ridgeview Psychiatric Hospital and and Center Inc

RegisteredEIN 62-0579512Oak Ridge, TNHealth and saving lives
Income$19.3m2023-06
Spending$17.7msame year
Spent / received93%5-year average
Size in its cause88th pctHealth and saving lives
Exempt since2013Hospital or medical research
Employees325latest return

Analysis

Ridgeview Psychiatric Hospital and and Center Inc is a registered charity in United States, based in Oak Ridge, TN. It received its IRS tax-exemption ruling in February 2013, 13 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ridgeview Psychiatric Hospital and and Center Inc reported income of $19.3m and spending of $17.7m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.5m to $19.3m (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2022, when income rose by 24%. 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, Ridgeview Psychiatric Hospital and and Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Truenorth Wellness Services ($19.3m), Rush Hospital-Butler Inc ($19.3m) and St Lukes Home Residential Health Care Facility Inc ($19.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $1.0m (5.7% of expenses). Other salaries and wages came to $9.8m. At year end it held assets of $24.1m against liabilities of $2.6m, net assets of $21.5m. It reported 325 employees.

Income and spending

$0$4.9m$9.8m$14.7m$19.7m2019 Income: $15,470,6442019 Spending: $14,962,65620192020 Income: $15,352,7322020 Spending: $15,154,32420202021 Income: $15,833,1582021 Spending: $15,676,47320212022 Income: $19,653,0302022 Spending: $16,488,60020222023 Income: $19,332,7532023 Spending: $17,686,7972023
IncomeSpending

Where the income comes from

  • Contributions & grants 34%
  • Program services 62%
  • Other 3.5%

Similar-sized charities, same cause

CharityLocationIncome
Truenorth Wellness ServicesHanover$19.3m
Rush Hospital-Butler IncMeridian$19.3m
St Lukes Home Residential Health Care Facility IncUtica$19.3m
Baptist Medical Center-Leake IncJackson$19.3m