Core Treatment Services Inc
Analysis
Core Treatment Services Inc is a registered charity in United States, based in Manitowoc, WI. It received its IRS tax-exemption ruling in February 2020, 6 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 December 2023, Core Treatment Services Inc reported income of $2.5m and spending of $2.2m, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.0m to $2.5m (+141%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 81% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Core Treatment Services Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include American Speech-Language-Hearing Foundation ($2.5m), Family and Youth Counseling Agency ($2.5m) and Golden Pacific Home Health Inc ($2.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $187k (8.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.6m against liabilities of $1.2m, net assets of $1.3m. It reported 62 employees.
Income and spending
Where the income comes from
- Contributions & grants 11%
- Program services 85%
- Other 4.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| American Speech-Language-Hearing Foundation | Rockville | $2.5m |
| Family and Youth Counseling Agency | Lake Charles | $2.5m |
| Golden Pacific Home Health Inc | Alameda | $2.5m |
| Libertae Incorporated | Bensalem | $2.5m |