Centennial Mental Health Center Incorporated

Analysis

Centennial Mental Health Center Incorporated is a registered charity in United States, based in Sterling, CO. It received its IRS tax-exemption ruling in December 1981, 45 years ago. 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, Centennial Mental Health Center Incorporated reported income of $18.6m and spending of $17.4m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.7m to $18.6m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Centennial Mental Health Center Incorporated 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 97th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include Kreider Services Inc ($18.6m), South Delta Planning & Development District Inc ($18.6m) and Catholic Charities West Michigan ($18.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.7% and program service revenue 87% of the total. Other salaries and wages came to $11.0m. At year end it held assets of $24.7m against liabilities of $6.9m, net assets of $17.8m. It reported 260 employees.