Mental Health & Crisis Intervention (F20Z) IRS Verified DX Registered 990 on File

SOUTHLIGHT HEALTHCARE

EIN: 56-0988422 · RALEIGH, NC 27604-6445 · United States · FY 2025 Data

3 out of 5 59 / 100 Based on 2+ years of filings

Financial strength (30%) 90/100

Reliability (20%) 55/100

Effectiveness (25%) 88/100

Impact (25%) No data yet

Financial data: FY 2025 · Scored 9/13/2026

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Mission Statement

On behalf of the management and staff of SouthLight Healthcare, I would like to welcome you to our website. SouthLight’s mission is to enhance the quality of life for adults, youth and families impacted by substance use and mental health disorders through integrated treatment, prevention, education, and advocacy. ? SouthLight Healthcare provides high quality, evidence-informed treatments for all substance use disorders and mental illness. We have a dedicated team of behavioral healthcare professionals who provide comprehensive and customized treatment for every person seeking our help. Since 1970, SouthLight has offered quality solutions for those struggling with substance use and mental health disorders…and we will continue to serve our communities effectively and sustainably. Thanks again for visiting our website and let us know how we can help you with your behavioral healthcare needs. We hope you will find our new website rich with information about us and all the services we offer.

Financial Overview — FY 2025

$25.1M

Total Revenue

$21.8M

Total Expenses

$9.1M

Net Assets

279

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 79.1%

Fundraising Efficiency N/A

Operating Reserve 5.04x

Liability-to-Asset 19.9%

Revenue Diversification 69.1%

Executive Compensation $1.8M

Compared with Peers

FY 2025

Compared with 251 similar organizations (United States, Mental Health & Crisis Intervention, $10M–$100M in expenses), FY 2025.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	79.1%	85.0%	P10P90	Bottom quarter
Admin expense ratio Management and general / total expenses · lower is better	20.0%	13.4%	P10P90	Bottom quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.9%	0.0%	P10P90	Below median
Operating reserve Months of expenses covered by net assets · higher is better	5.0 mo	7.3 mo	P10P90	Below median
Liabilities to assets Total liabilities / total assets · lower is better	19.9%	25.7%	P10P90	Above median
Revenue concentration Share of revenue from the largest source · lower is better	69.1%	86.2%	P10P90	Above median
Revenue growth Year over year revenue growth	29.1%	7.7%	P10P90
Expense growth Year over year expense growth	28.5%	6.7%	P10P90
Surplus margin Surplus as a share of revenue	13.3%	3.6%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2025	$25.1M	$21.8M	$9.1M	79.1%	279
2024	$19.5M	$16.9M	$5.8M	85.5%	230
2023	$14.8M	$14.7M	$3.3M	81.7%	218
2022	$11.5M	$11.7M	$3.2M	75.5%	217
2021	$11.6M	$10.9M	N/A	—	186

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Organization Details

EIN: 56-0988422
State: NC
City: RALEIGH
ZIP: 27604-6445
Classification: F20Z
Category: Mental Health & Crisis Intervention
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1970
Foundation Code: 15
Form 990: On File

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Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

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