Sequoia Mental Health Services Inc

Analysis

Sequoia Mental Health Services Inc is a registered charity in United States, based in Aloha, OR. It received its IRS tax-exemption ruling in April 1983, 43 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Sequoia Mental Health Services Inc reported income of $10.1m and spending of $8.7m, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.9m to $10.1m (+47%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sequoia Mental Health Services Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OR. Charities of a similar size with the same main cause include Oub Court Housing Company Inc ($10.1m), Bethany House Services Inc ($10.1m) and Aptiv Incorporated ($10.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 68% of the total. Other salaries and wages came to $5.3m. At year end it held assets of $15.2m against liabilities of $5.9m, net assets of $9.3m. It reported 159 employees.