Center of Hope for Behavioral Health Inc

Analysis

Center of Hope for Behavioral Health Inc is a registered charity in United States, based in Goodlettsvlle, TN. It received its IRS tax-exemption ruling in April 2022, 4 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 December 2023, Center of Hope for Behavioral Health Inc reported income of $620k and spending of $656k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $415k to $620k (+49%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Center of Hope for Behavioral Health Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within TN. Charities of a similar size with the same main cause include Behavioral Health of Georgia Inc ($620k), Epilepsy Services of SW FL ($620k) and Health World Inc ($620k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $58k (8.8% of expenses). Other salaries and wages came to $307k. At year end it held assets of $181k against liabilities of $79k, net assets of $101k. It reported 14 employees.