Etowah-Dekalb-Cherokee Mental Health Board Incorporated

Analysis

Etowah-Dekalb-Cherokee Mental Health Board Incorporated is a registered charity in United States, based in Attalla, AL. It received its IRS tax-exemption ruling in February 1968, 58 years ago. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Etowah-Dekalb-Cherokee Mental Health Board Incorporated reported income of $7.1m and spending of $6.1m, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.7m to $7.1m (+23%), an average of +5.3% a year. The sharpest change came in the year to September 2021, when income rose by 22%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Etowah-Dekalb-Cherokee Mental Health Board Incorporated sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within AL. Charities of a similar size with the same main cause include City of Pikeville Exposition Center Corporation ($7.1m), Southern Bancorp Capital Partners ($7.1m) and Beer Hagolah Institutes Inc ($7.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.5% and program service revenue 93% of the total. Other salaries and wages came to $3.2m. At year end it held assets of $5.1m against liabilities of $348k, net assets of $4.7m. It reported 75 employees.