West Sound Treatment Center Inc

Analysis

West Sound Treatment Center Inc is a registered charity in United States, based in Bremerton, WA. It received its IRS tax-exemption ruling in November 1982, 44 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, West Sound Treatment Center Inc reported income of $3.2m and spending of $3.2m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $3.2m (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, West Sound Treatment Center Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WA. Charities of a similar size with the same main cause include Cystinosis Research Foundation ($3.2m), Bridge Inc ($3.2m) and Iroquois Mental Health Center ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $165k (5.2% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $2.0m against liabilities of $363k, net assets of $1.6m. It reported 40 employees.