Grand Lake Mental Health Center Inc

Analysis

Grand Lake Mental Health Center Inc is a registered charity in United States, based in Nowata, OK. It received its IRS tax-exemption ruling in February 1979, 47 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, Grand Lake Mental Health Center Inc reported income of $190.9m and spending of $186.5m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $64.0m to $190.9m (+198%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grand Lake Mental Health Center Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within OK. Charities of a similar size with the same main cause include Commonspirit Kansas Inc ($190.8m), Verde Valley Medical Center ($191.1m) and Kaiser Hospital Asset Management Inc ($190.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $7.1m (3.8% of expenses). Other salaries and wages came to $106.7m. At year end it held assets of $86.8m against liabilities of $25.2m, net assets of $61.6m. It reported 2,035 employees.