Promesa Behavioral Health

Analysis

Promesa Behavioral Health is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in March 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Promesa Behavioral Health reported income of $9.4m and spending of $9.9m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.0m to $9.4m (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2020, when income rose by 15%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Promesa Behavioral Health 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 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Full Citizenship of Maryland Inc ($9.4m), Southwest Human Development Services Corporation ($9.4m) and Friends of Jerusalem ($9.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $355k (3.6% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $12.3m against liabilities of $4.1m, net assets of $8.1m. It reported 183 employees.