Petersburg Mental Health Services Inc

Analysis

Petersburg Mental Health Services Inc is a registered charity in United States, based in Petersburg, AK. It received its IRS tax-exemption ruling in August 1995, 31 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 June 2023, Petersburg Mental Health Services Inc reported income of $110k and spending of $198k, spending 180% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $935k to $110k (-88%), an average of -41% a year. The sharpest change came in the year to June 2022, when income dropped by 77%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Petersburg Mental Health Services Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within AK. Charities of a similar size with the same main cause include Vernon Memorial Healthcare Foundation Inc ($110k), All Abilities Recreation Center Inc ($110k) and Caps of Love ($110k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $47k (24% of expenses). Other salaries and wages came to $9,095. At year end it held assets of $3.2m against liabilities of $4,079, net assets of $3.2m. It reported 3 employees.