Is St Marks Place Institute For Mental Health Legit?

Quick charity verification for St Marks Place Institute For Mental Health (EIN: 133206435)

Verdict: St Marks Place Institute For Mental Health appears trustworthy

85/100Mission Score

$6.1MRevenue

$8.8MAssets

2Red Flags

4Strengths

Red Flags

Operating deficits in recent years (202306: -$408,199; 202206: -$1,046,690)
Significant increase in liabilities from $152,481 in 202206 to $3,942,047 in 202306

Strengths

No reported officer compensation, indicating high program focus
Consistent growth in assets over the past decade, reaching $9,956,198 in 202306
Long history of IRS 990 filings, demonstrating transparency and compliance
Strong revenue in 202106 ($7,653,715) indicating capacity for significant funding

Spending Breakdown

How St Marks Place Institute For Mental Health allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about St Marks Place Institute For Mental Health

Is St Marks Place Institute For Mental Health a legitimate charity?

Based on AI analysis of IRS 990 filings, St Marks Place Institute For Mental Health (EIN: 133206435) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is St Marks Place Institute For Mental Health a good charity to donate to?

St Marks Place Institute For Mental Health has a Mission Score of 85/100. Revenue: $6.1M. Assets: $8.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for St Marks Place Institute For Mental Health?

The Employer Identification Number (EIN) for St Marks Place Institute For Mental Health is 133206435. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does St Marks Place Institute For Mental Health spend its money?

St Marks Place Institute For Mental Health allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify St Marks Place Institute For Mental Health's tax-exempt status?

You can verify St Marks Place Institute For Mental Health's tax-exempt status using EIN 133206435 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

St Marks Place Institute For Mental Health demonstrates a generally stable financial profile, though recent years show some fluctuations. In the 202306 period, the organization reported expenses of $6,943,097 against revenues of $6,534,898, indicating a deficit for that year. This follows a similar trend in 202206 where expenses ($6,397,079) exceeded revenues ($5,350,389). However, prior years like 202106 showed a surplus, with revenues of $7,653,715 surpassing expenses of $6,444,247. The organization's assets have grown steadily over the past decade, reaching $9,956,198 in 202306, which is a positive indicator of long-term stability.

The organization's spending efficiency appears to be focused on its mission, as indicated by the absence of reported officer compensation across all available filings, suggesting resources are directed towards programs rather than executive salaries. The significant increase in liabilities from $152,481 in 202206 to $3,942,047 in 202306 warrants closer examination to understand its nature and potential impact on future financial health. Despite this, the overall asset growth provides a buffer.

Transparency is strong regarding executive compensation, with no officer compensation reported. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is challenging. The consistent filing of IRS 990 forms over many years demonstrates a commitment to regulatory compliance and public disclosure.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.