Mental Health Center of Denver

Analysis

Mental Health Center of Denver is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 1988, 38 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, Mental Health Center of Denver reported income of $149.0m and spending of $144.6m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $109.0m to $149.0m (+37%), an average of +8.1% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mental Health Center of Denver sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within CO. Charities of a similar size with the same main cause include Community Memorial Hospital ($149.0m), Newport Hospital ($149.0m) and Pella Regional Health Center ($148.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $3.7m (2.6% of expenses). Other salaries and wages came to $74.1m. It paid $32k in professional fundraising fees. At year end it held assets of $116.1m against liabilities of $40.5m, net assets of $75.6m. It reported 1,262 employees.