Greater Lakes Mental Healthcare

Analysis

Greater Lakes Mental Healthcare is a registered charity in United States, based in Lakewood, WA. It received its IRS tax-exemption ruling in October 1966, 60 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, Greater Lakes Mental Healthcare reported income of $32.2m and spending of $28.0m, spending 87% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $28.2m to $32.2m (+14%), an average of +2.7% a year. The sharpest change came in the year to December 2020, when income rose by 101%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Greater Lakes Mental Healthcare sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WA. Charities of a similar size with the same main cause include Maryhaven Inc ($32.2m), Village Care of New York Inc ($32.2m) and Lifelong Health for All ($32.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 92% of the total. Other salaries and wages came to $14.5m. At year end it held assets of $52.0m against liabilities of $11.8m, net assets of $40.1m. It reported 209 employees.