Permian Basin Behavioral Health Center

Analysis

Permian Basin Behavioral Health Center is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in July 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Permian Basin Behavioral Health Center reported income of $80.7m and spending of $494k, leaving 99% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $6.7m to $80.7m (+1109%), an average of +1109% a year. The sharpest change came in the year to September 2023, when income rose by 1109%. Over the whole period it spent 1.0% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Permian Basin Behavioral Health Center 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 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Amsterdam Nursing Home Corporation ($80.6m), Great Lakes Bay Health Centers ($80.7m) and Hudson Hospital Inc ($80.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $82.7m against liabilities of $282k, net assets of $82.4m.