National Mental Health Corps Inc

Analysis

National Mental Health Corps Inc is a registered charity in United States, based in Newtown, CT. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, National Mental Health Corps Inc reported income of $2.9m and spending of $2.4m, spending 81% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.0m to $2.9m (+191%), an average of +31% a year. The sharpest change came in the year to September 2023, when income rose by 140%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Mental Health Corps Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within CT. Charities of a similar size with the same main cause include Empower Charter School ($2.9m), The Fulton School ($2.9m) and English Learners Success Forum ($2.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $151k (6.4% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $1.1m against liabilities of $127k, net assets of $994k. It reported 89 employees.