Victor Treatment Centers Inc

Analysis

Victor Treatment Centers Inc is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in December 1976, 50 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, Victor Treatment Centers Inc reported income of $19.0m and spending of $17.7m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $32.7m to $19.0m (-42%), an average of -13% a year. The sharpest change came in the year to June 2021, when income dropped by 21%. Over the whole period it spent 128% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Victor Treatment Centers Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Mission Health Services ($19.0m), Pace at Home Inc ($19.0m) and Community Health Service Agency Inc ($19.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 9.3% of the total. Compensation of current officers, directors and key employees was $108k (0.6% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $25.8m against liabilities of $3.6m, net assets of $22.2m. It reported 184 employees.