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Boston Graduate School of Psychoanalysis Inc

EIN 23-7410494 · Brookline, MA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair68 out of 100GovernanceStrong92 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

BGSP IS COMMITTED TO ADDRESSING THE MOST DIFFICULT MENTAL HEALTH CHALLENGES. UNIQUELY, THE SCHOOL TRAINS ITS GRADUATE STUDENTS TO USE DEEPLY EFFECTIVE THERAPEUTIC TECHNIQUES, ENABLING THEM TO WORK WITH A WIDE RANGE OF MENTAL HEALTH ISSUES IN THE COMMUNITY AND IN THEIR PRIVATE PRACTICES. THE THERAPY CENTER, AN INTEGRAL PART OF BGSP, OFFERS THERAPY TO PEOPLE OF ALL AGES, INCLUDING COUPLES AND FAMILIES, IN AN INCLUSIVE CLINICAL SETTING.

Income
$2.4 million
Spending
$2.6 million
Spent on programs
77%
Reserves
12.7 months of spending
Largest source of income
fees for its services, 85%
Employees
77
Volunteers
12
Highest pay
$121,554, president

Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 68 out of 100. Higher than 50% of charities in its peer group (education, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 12.7 months of spending.

  • Debt

    16 of 20

    It owes 21% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 8% of income.

  • Income trend

    5 of 15

    Income fell 12% on the year before.

  • Spending floor

    8 of 15

    77% of spending went to programs and raising each dollar of donations cost 47 cents.

Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 92 out of 100. Higher than 60% of charities in its peer group (education, $1m to $10m).

  • Independent board

    25 of 25

    12 of 13 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending July 31, 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 (1)
  1. $2.0 million spent. BGSP OFFERED GRADUATE EDUCATION TO 97 MASTER'S STUDENTS AND 85 DOCTORAL STUDENTS IN MENTAL HEALTH COUNSELING, PSYCHOANALYSIS, AND RELATED FIELDS. OF THESE STUDENTS, 79 PARTICIPATED IN COMMUNITY PROGRAMS OFFERING COUNSELING AND PSYCHOTHERAPY IN A RANGE OF COMMUNITY-BASED SETTINGS, INCLUDING BGSP'S THERAPY CENTER. THE THERAPY CENTER PROVIDED INCOME-SENSITIVE PSYCHOTHERAPY TO CLOSE TO 200 PATIENTS THIS FISCAL YEAR, INCLUDING PATIENTS USING TELEHEALTH.

Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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.

  2. 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.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending July 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 1978.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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.