Florida · Nonprofit
Cove Behavioral Health Inc
Cove Behavioral Health Inc (Florida) receives grants from 25 organizations whose IRS filings report $81,552,599 to it, the largest being CENTRAL FLORIDA BEHAVIORAL HEALTH NETWORK INC ($76,183,785). 14 of them have funded it in more than one year.
- Revenue FY2025
- $22M
- Funders on record
- 25
- Grants received
- $82M
- Net assets
- $13M
What Cove Behavioral Health Inc does
Mission
Cove behavioral health supports our community's overall wellness by providing accessible and compassionate behavioral health care. Cove behavioral health is committed to excellence in behavioral health care and to building a shared vision of hope for a healthier community. As a large community based provider of behavioral health services, cove serves over 35,000 persons annually through award winning behavioral health prevention, intervention, and treatment programs. Cove is accredited by the nationally recognized commission on accreditation of rehabilitation facilities (carf). We are committed to being an inclusive organization where people are treated fairly and recognized for their individuality.effective july 1, 2025 (subsequent to year end), cove completed a merger with gracepoint healthcare ("gracepoint"). Under the terms of the merger agreement, cove and its two wholly-owned subsidiaries were consolidated into gracepoint and all the organization's assets, liabilities, and net as
As stated on its FY2025 Form 990.
Programs
Outpatient treatment - cove has outpatient clinics in both tampa and lakeland. Cove offers both education and customized behavioral health treatment through individual, group, and family counseling sessions offered during the day or evening in person or via telehealth. Outpatient services includes day treatment, intensive outpatient, and outpatient. Day treatment includes 12 hours of services per week. Patients follow a classbased schedule to ensure their care is individualized to best fit their needs. Intensive outpatient is the second highest outpatient level of care. In intensive outpatient, patients are in services for 9 hours per week. Outpatient is the lowest level of care where patients are typically in services for 2 hours per week. Outpatient services are provided at our main campus, our lakeland office, and through telehealth. Our tampa clinic serves youth aged 12-18 in traditional outpatient services. Medication assisted treatment services provides treatment to individuals ages 18+ who are addicted to either prescription (oxycontin, vicodin, fentanyl) or street (heroin) opiate drugs and need a bridge between addiction and sobriety. We provide three medication options:…
$9,979,254 spent$9,262,894 earned by the program52% of program spendingResidential treatment - cove's adult residential treatment provides our highest level of clinical intervention through trauma informed,gender specific programming averaging 4 to 6 months in duration. Typical patients are dealing with significant substance misuse and/or mental health issues. During the treatment episode, we address most facets of life including parenting, relationships, coping skills,employment, and stress management.
$7,978,234 spent$8,271,953 earned by the program41% of program spendingPrevention services - prevention services are designed to help youth develop a positive self-image,effective coping skills, substance use refusal skills, social skills to avoid high-risk behaviors, and effective interpersonal relationships. All prevention services are free of charge to hillsborough county residents, and cove's programs serve the middle and high schools in the county. Examples of curriculumutilized in our prevention programs include project success, rxsmart, and mental wellness basics. Project success is an evidencebased curriculum used with middle and high school students in individual and group settings that assist in the review of adolescent development and positive coping skills and goal setting. Cove partnered with an educational technology company everfi to provide rxsmart, an innovative digital course that provides high schools students with knowledge and tools to make health, informed decisions when it comes to prescription medications. Through a partnership with everfi, cove offers an interactive digital mental wellness basics course that provides students with knowledge and tools to achieve and maintain positive mental health now and in the future.
$1,305,741 spent$1,405,370 earned by the program7% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $19,263,229.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $13M to $21M (+67%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 9% · 2022 83% · 2023 75% · 2024 80% · 2025 80%. Grants only. Government contracts and fees sit inside program revenue.
81% of Cove Behavioral Health Inc’s revenue is contributions — more reliant on donations than three-quarters of its peers (7% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Deanna S Obregon
CEO
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2019 and FY2020 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 3 funders to 12 funders, grant income rose $6.8M → $10M.
12 of 25 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Cove Behavioral Health Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Cove Behavioral Health Inc leans on a few funders — its largest provides 93% of grant income and the top three 99%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Cove Behavioral Health Inc.
Largest funder’s share by year: 2017 98% · 2018 89% · 2019 90% · 2020 93% · 2021 94% · 2022 91% · 2023 95% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
50% of Cove Behavioral Health Inc's funders are still giving 3 years after their first grant; 56% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
100% of Cove Behavioral Health Inc's grant income comes from Florida funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $503k arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Cove Behavioral Health Inc's funding base is broadening — from 3 funders to 12 as grant income climbed.
this organization peer median middle 50% of peers· 2,969 health nonprofits $10M–$100M, FY2025
Organizations like Cove Behavioral Health Inc
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Florida
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
85% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for Cove Behavioral Health Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Cove Behavioral Health Inc?
- Cove Behavioral Health Inc (Florida) receives grants from 25 organizations whose IRS filings report $81,552,599 to it, the largest being CENTRAL FLORIDA BEHAVIORAL HEALTH NETWORK INC ($76,183,785). 14 of them have funded it in more than one year.
- How many funders does Cove Behavioral Health Inc have?
- IRS filings report 25 organizations giving $81,552,599 in grants to Cove Behavioral Health Inc, 14 of which have funded it in more than one year.
- Who is the largest funder of Cove Behavioral Health Inc?
- CENTRAL FLORIDA BEHAVIORAL HEALTH NETWORK INC is the largest funder on record, with $76,183,785 in grants. The full list of funders is on this page.
- How can an organization like Cove Behavioral Health Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Cove Behavioral Health →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 25 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing