Fountain House Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO CREATE THE COMMUNITY, INNOVATION, AND SOCIAL CHANGE NEEDED FOR PEOPLE MOST IMPACTED BY SERIOUS MENTAL ILLNESS TO LEAD CONNECTED AND HEALTHY LIVES.
- Income
- $44.7 million
- Spending
- $43.5 million
- Spent on programs
- 77%
- Reserves
- 4.2 months of spending
- Largest source of income
- fees for its services, 61%
- Employees
- 346
- Volunteers
- 20
- Highest pay
- $443,625, president & ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 76 out of 100. Higher than 68% of charities in its peer group (mental health, $10m to $100m).
Reserves
20 of 35Spendable reserves would cover 4.2 months of spending.
Debt
16 of 20It owes 15% of what it owns.
Living within its means
15 of 15Income exceeded spending by 3% of income.
Income trend
10 of 15Income fell 9% on the year before.
Spending floor
15 of 1577% of spending went to programs and raising each dollar of donations cost 18 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 37% of charities in its peer group (mental health, $10m to $100m).
Independent board
25 of 2520 of 21 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $18.7 million spent. COMMUNITY SUPPORT SERVICES - FOUNTAIN HOUSE PROVIDES COMMUNITY-BASED SUPPORT SERVICES TO INDIVIDUALS LIVING WITH SERIOUS MENTAL ILLNESS UTILIZING THE "CLUBHOUSE" MODEL DEVELOPED BY FOUNTAIN HOUSE (WHICH IS NOW UTILIZED BY OVER 380 OTHER ORGANIZATIONS AROUND THE WORLD). SERVICES ARE OFFERED THROUGH MULTIPLE CLUBHOUSES, INCLUDING THE PRINCIPAL LOCATION AT 425 WEST 47TH STREET IN NEW YORK CITY, WHICH IS OPEN 365 DAYS A YEAR, AS WELL AS THROUGH OUR BRONX CLUBHOUSE. FOUNTAIN HOUSE ALSO PROVIDES SERVICES IN LOS ANGELES AND EXPANDED RECENTLY TO HARLEM. FOUNTAIN HOUSE'S SUPPORT SERVICES ARE DELIVERED BY DIFFERENT UNITS, EACH OF WHICH IS OPERATED BY BOTH FOUNTAIN HOUSE'S MEMBERS AND ITS PROFESSIONAL STAFF. THE UNITS INCLUDE EDUCATION, COMMUNICATION, CULINARY, HOME AND GARDEN, SILVER CENTER, WELCOME CENTER, RESEARCH AND WELLNESS. MEMBERS OF FOUNTAIN HOUSE ARE ALSO AFFORDED VARIOUS OPPORTUNITIES TO WORK FOR PRIVATE SECTOR EMPLOYERS. FOUNTAIN HOUSE PROVIDES SUPPORT SERVICES TO OVER 2,500 MEMBERS EACH YEAR.
- $14.5 million spent. REHABILITATION HOUSING FACILITIES - HOUSING RESIDENTIAL OPPORTUNITIES ARE PROVIDED FOR APPROXIMATELY 400 PEOPLE, THROUGH A VARIETY OF FACILITIES, RANGING FROM 24 HOUR STAFF-SUPERVISED RESIDENCES TO INDEPENDENT APARTMENTS IN THE COMMUNITY.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 1949.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.