Coastal Psychiatric Center Inc

Analysis

Coastal Psychiatric Center Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in August 2019, 7 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Coastal Psychiatric Center Inc reported income of $940k and spending of $1.0m, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $315k to $940k (+198%), an average of +31% a year. The sharpest change came in the year to June 2021, when income rose by 140%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Coastal Psychiatric Center Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Abel Speaks ($940k), C-Tac Innovations Inc ($940k) and Developmental and Disability Services of Lebanon Valley ($940k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $125k (12% of expenses). Other salaries and wages came to $565k. At year end it held assets of $132k against liabilities of $200k, net assets of -$68k. It reported 19 employees.