Permian Basin Community Centers for Mental Health & Mental Retardation
Analysis
Permian Basin Community Centers for Mental Health & Mental Retardation is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in January 1973, 53 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 August 2023, Permian Basin Community Centers for Mental Health & Mental Retardation reported income of $40.8m and spending of $37.0m, spending 91% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $27.0m to $40.8m (+51%), an average of +11% a year. The sharpest change came in the year to August 2022, when income rose by 17%. 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, Permian Basin Community Centers for Mental Health & Mental Retardation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include North Oklahoma County Mental Health Center ($40.8m), University of Buffalo Pediatric Associates P C ($40.8m) and Horizon Health and Wellness Inc ($40.8m).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 65% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $288k (0.8% of expenses). Other salaries and wages came to $16.6m. At year end it held assets of $38.9m against liabilities of $5.4m, net assets of $33.5m. It reported 416 employees.
Income and spending
Where the income comes from
- Contributions & grants 65%
- Program services 31%
- Other 3.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| North Oklahoma County Mental Health Center | Oklahoma City | $40.8m |
| University of Buffalo Pediatric Associates P C | Buffalo | $40.8m |
| Horizon Health and Wellness Inc | Apache Junction | $40.8m |
| Portneuf Health Trust | Pocatello | $40.9m |