St Marks Place Institute For Mental Health
St Marks Place Institute For Mental Health shows consistent asset growth but recent operating deficits and a significant increase in liabilities.
EIN: 133206435 · New York, NY · NTEE: F320 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.1M |
| Total Expenses | $6.9M |
| Program Spending | 90% |
| Net Assets | $6.0M |
| Transparency Score | 85/100 |
Is St Marks Place Institute For Mental Health Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Marks Place Institute For Mental Health directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Marks Place Institute For Mental Health
St Marks Place Institute For Mental Health (EIN: 133206435) is a nonprofit organization based in New York, NY, classified under NTEE code F320. The organization reported total revenue of $6.1M and total assets of $8.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Marks Place Institute For Mental Health's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Marks Place Institute For Mental Health is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.5M |
| Total Expenses | $6.9M |
| Surplus / Deficit | $-408,199 |
| Total Assets | $10.0M |
| Total Liabilities | $3.9M |
| Net Assets | $6.0M |
| Operating Margin | -6.2% |
| Debt-to-Asset Ratio | 39.6% |
| Months of Reserves | 17.2 months |
Financial Health Grade: B
In 2023, St Marks Place Institute For Mental Health reported a deficit of $408K with expenses exceeding revenue, holds 17.2 months of operating reserves (strong position), has a debt-to-asset ratio of 39.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Marks Place Institute For Mental Health's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.1% | +8.5% | +51.0% |
| 2022 | -30.1% | -0.7% | -14.2% |
| 2021 | +24.9% | +9.1% | +8.5% |
| 2020 | +3.6% | -0.3% | +14.9% |
| 2019 | +8.2% | +9.0% | +0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates St Marks Place Institute For Mental Health with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, St Marks Place Institute For Mental Health allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $408K, with expenses exceeding revenue.
- Debt-to-asset ratio: 39.6%.
Executive Compensation Analysis
Executive compensation is not reported in any of the available IRS 990 filings, indicating that 0% of expenses are allocated to officer salaries, which is a strong positive for directing resources to the mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of St Marks Place Institute For Mental Health's IRS 990 filings:
- 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
The following positive indicators were identified for St Marks Place Institute For Mental Health:
- 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
Frequently Asked Questions about St Marks Place Institute For Mental Health
Is St Marks Place Institute For Mental Health a legitimate charity?
St Marks Place Institute For Mental Health (EIN: 133206435) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.1M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does St Marks Place Institute For Mental Health spend its money?
St Marks Place Institute For Mental Health directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to St Marks Place Institute For Mental Health tax-deductible?
St Marks Place Institute For Mental Health is registered as a tax-exempt nonprofit (EIN: 133206435). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does St Marks Place Institute For Mental Health compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), St Marks Place Institute For Mental Health is above average for NTEE category F320 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Marks Place Institute For Mental Health located?
St Marks Place Institute For Mental Health is headquartered in New York, New York and files with the IRS under EIN 133206435. It is classified under NTEE code F320.
How many years of IRS 990 filings does St Marks Place Institute For Mental Health have?
St Marks Place Institute For Mental Health has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $6.1M in total revenue.
Is St Marks Place Institute For Mental Health a good charity?
Based on the available data, the organization appears to be a good charity, particularly due to its strong program focus (0% officer compensation) and consistent asset growth. However, the recent operating deficits and the substantial increase in liabilities in 202306 warrant further investigation.
What caused the significant increase in liabilities in 202306?
The IRS 990 data shows liabilities increased from $152,481 in 202206 to $3,942,047 in 202306. The specific cause is not detailed in the provided summary, but it could be due to new debt, deferred revenue, or other financial obligations.
How does the organization fund its operations given recent deficits?
In periods like 202306 and 202206 where expenses exceeded revenue, the organization likely covered the deficit by drawing from its accumulated assets or through new liabilities, as evidenced by the increase in liabilities in 202306.
Filing History
IRS 990 filing history for St Marks Place Institute For Mental Health showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Marks Place Institute For Mental Health's revenue has grown by 35.5%, moving from $4.8M to $6.5M. Total assets increased by 115.7% over the same period, from $4.6M to $10.0M. Total functional expenses rose by 55.7%, from $4.5M to $6.9M. In its most recent filing year (2023), St Marks Place Institute For Mental Health reported a deficit of $408K, with expenses exceeding revenue. The organization holds $3.9M in liabilities against $10.0M in assets (debt-to-asset ratio: 39.6%), resulting in net assets of $6.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.5M | $6.9M | $10.0M | $3.9M | — | — |
| 2022 | $5.4M | $6.4M | $6.6M | $152K | — | View 990 |
| 2021 | $7.7M | $6.4M | $7.7M | $171K | — | View 990 |
| 2020 | $6.1M | $5.9M | $7.1M | $797K | — | — |
| 2019 | $5.9M | $5.9M | $6.2M | $106K | — | — |
| 2018 | $5.5M | $5.4M | $6.1M | $75K | — | View 990 |
| 2017 | $5.5M | $5.1M | $6.1M | $69K | — | View 990 |
| 2016 | $5.5M | $4.8M | $5.6M | $13K | — | — |
| 2015 | $5.1M | $4.6M | $5.0M | $14K | — | View 990 |
| 2014 | $4.6M | $4.6M | $4.5M | $22K | — | View 990 |
| 2013 | $5.3M | $4.9M | $4.5M | $23K | — | View 990 |
| 2012 | $4.3M | $4.7M | $4.1M | $14K | — | View 990 |
| 2011 | $4.8M | $4.5M | $4.6M | $137K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.5M, expenses of $6.9M, and assets of $10.0M (revenue +22.1% year-over-year).
- 2022: Revenue of $5.4M, expenses of $6.4M, and assets of $6.6M (revenue -30.1% year-over-year).
- 2021: Revenue of $7.7M, expenses of $6.4M, and assets of $7.7M (revenue +24.9% year-over-year).
- 2020: Revenue of $6.1M, expenses of $5.9M, and assets of $7.1M (revenue +3.6% year-over-year).
- 2019: Revenue of $5.9M, expenses of $5.9M, and assets of $6.2M (revenue +8.2% year-over-year).
- 2018: Revenue of $5.5M, expenses of $5.4M, and assets of $6.1M (revenue -1.5% year-over-year).
- 2017: Revenue of $5.5M, expenses of $5.1M, and assets of $6.1M (revenue +1.8% year-over-year).
- 2016: Revenue of $5.5M, expenses of $4.8M, and assets of $5.6M (revenue +7.1% year-over-year).
- 2015: Revenue of $5.1M, expenses of $4.6M, and assets of $5.0M (revenue +10.4% year-over-year).
- 2014: Revenue of $4.6M, expenses of $4.6M, and assets of $4.5M (revenue -13.5% year-over-year).
- 2013: Revenue of $5.3M, expenses of $4.9M, and assets of $4.5M (revenue +24.1% year-over-year).
- 2012: Revenue of $4.3M, expenses of $4.7M, and assets of $4.1M (revenue -10.9% year-over-year).
- 2011: Revenue of $4.8M, expenses of $4.5M, and assets of $4.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Marks Place Institute For Mental Health:
Data Sources and Methodology
This transparency report for St Marks Place Institute For Mental Health is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.