Kline-Welsh Behavioral Health Foundation

Analysis

Kline-Welsh Behavioral Health Foundation is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in September 1962, 64 years ago. 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, Kline-Welsh Behavioral Health Foundation reported income of $3.7m and spending of $4.3m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.4m to $3.7m (-17%), an average of -4.7% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kline-Welsh Behavioral Health Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within HI. Charities of a similar size with the same main cause include Wharton Institute for the Performing Arts Inc ($3.7m), Woodbrook Assisted Living Residence Inc ($3.7m) and Palomar Health Development Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $408k (9.4% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $1.8m against liabilities of $163k, net assets of $1.6m. It reported 50 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.